Why This Renowned Finance Author Believes Bitcoin Is Headed To $135,000
October 21 2023 - 9:00AM
NEWSBTC
The crypto community is buzzing with excitement after a renowned
finance author predicts an impending Bullish outcome for Bitcoin.
The words of the respected financial figure have raised questions
and discussions across the crypto community. Related Reading:
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Japanese-American entrepreneur and author of the famous Rich Dad
Poor Dad book, Robert T. Kiyosaki recently stated in an X (formerly
Twitter) post on Thursday, that Bitcoin was poised to reach
$135,000 after hitting a $30,000 mark at one point on Friday
following rumors of BlackRock’s Bitcoin ETF approval. Gold will
soon break through $2,100 and then take off. You will wish you had
bought gold below $2,000. Next stop gold $3,700. Bitcoin testing
$30,000. Next stop Bitcoin $135,000. Silver from $23 to $68 an
ounce. Savers of fake dollars F’d. Please tell your friends to
“Wake up.”… — Robert Kiyosaki (@theRealKiyosaki) October 20, 2023
With recent predictions suggesting that Bitcoin could gain back its
bullish momentum if it surpasses the crucial $30,000 mark, the
crypto community found itself filled with hopes that the $30,000
could be sustained. However, at later periods on Friday, Bitcoin
dropped back below $30,000 and presently it is trading at $29,714
according to CoinMarketCap. BTC market cap currently at $581
billion on the weekly chart: TradingView.com In his post, Kiyosaki
also mentioned other investment assets like gold and silver which
he believes would soon break resistance and gain more value. He
urged people who hold or save “fake” US dollars to become more
aware, possibly implying a negative outcome for these investments.
“Gold will soon break through $2,100 and then take off. You will
wish you had bought gold below $2,000. Next stop gold $3,700.
Bitcoin testing $30,000. Next stop Bitcoin $135,000. Silver from
$23 to $68 an ounce,” Kiyosaki stated. He added “Savers of fake
dollars F’d. Please tell your friends to ‘Wake up.’ Take care.”
Kiyosaki Explains Inflation Strain On Lower Classes In a
different post on Wednesday, Kiyosaki spoke on the topic of
inflation. He stated that inflation has a high effect on the wealth
gap, which is the economic disparity between the rich and the rest
of the population. INfLATION makes the POOR &MIDDLE CLASS
poorer because they work for & save dollars. Yet INFLATION
makes the RICH RICHER. Why? Because today’s rich work for &
save Gold, Silver, & Bitcoin. — Robert Kiyosaki
(@theRealKiyosaki) October 18, 2023 Kiyosaki stated that inflation
had a crippling effect on the poor and middle class because they
work and save US dollars, making them poorer and unable to
accumulate wealth without challenges. Related Reading: Why Is
Bitcoin SV (BSV) Up 63% Today? Find Out Here In contrast, he said
that the rich get even more wealthy during inflation because they
save valuable investment assets like Gold, Silver, and Bitcoin.
This theory holds some weight seeing that the wealthy usually have
more access to financial instruments and assets that appreciate
during inflationary periods. “INfLATION makes the POOR &
MIDDLE CLASS poorer because they work for & save dollars. Yet
INFLATION makes the RICH RICHER. Why? Because today’s rich work for
& save Gold, Silver, & Bitcoin,” Kiyosaki stated.
Featured image from The Daily Hodl
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