Robert Kiyosaki Predicts a Six-Figure Bitcoin Price as ETFs Get Approved
Renowned author Robert Kiyosaki believes that Bitcoin (BTC) will reach a six-figure price as regulators approve a series of spot exchange-traded funds (ETFs) in the US. According to Kiyosaki, BTC will skyrocket by 247% from its current level of $43,133. He predicts that it won’t take long for Bitcoin to hit his big price target.
Kiyosaki’s Bullish Outlook on Bitcoin and Precious Metals
Kiyosaki also expresses his positive outlook on gold and silver. He expects gold prices to surge as central banks continue to accumulate and hold the precious metal. On the other hand, he predicts that silver will crash due to silver stackers selling in order to pay bills caused by rising inflation. Despite these projections, Kiyosaki sees this as great news for silver stackers and plans to buy more gold, silver, and Bitcoin.
Concerns Over Inflation Lead to Increased Bitcoin Investment
The Rich Dad Poor Dad author reveals that he has recently acquired additional Bitcoin worth nearly $230,000 due to concerns over inflation in the US. He questions whether the economy might experience hyperinflation if leaders make mistakes that lead to the collapse of the US dollar. To protect himself from such a scenario, Kiyosaki bought five more Bitcoin.
Closing Thoughts: A Bullish Stance on Bitcoin
Robert Kiyosaki’s optimistic outlook on Bitcoin is driven by his belief that regulators’ approval of ETFs will propel the cryptocurrency to a six-figure price. Additionally, his concerns over inflation and potential economic mistakes by leaders have led him to increase his investment in BTC. With his track record as a successful author and investor, Kiyosaki’s bullish stance on Bitcoin carries weight and may influence others in the crypto space.
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