Previously known for his comments on Bitcoin, gold, and silver, Robert Kiyosaki, the famous author of ‘Rich Dad Poor Dad,’ has revised his Bitcoin (BTC) prediction, raising the target from $120,000 to $150,000. He attributed this revision to the potential approval of a Bitcoin Exchange-Traded Fund (ETF).
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Expressing satisfaction with his past investments through X (formerly known as Twitter), Kiyosaki said:
BITCOIN ETF. Hooray. Glad I bought years ago. Bitcoin will soon be $150,000.
Robert Kiyosaki, the renowned author of ‘Rich Dad Poor Dad,’ recently reiterated his views on precious metals and fiat currencies. Regarding precious metals, Kiyosaki stated:
As central banks buy and stockpile without ever selling, gold will skyrocket. Silver will collapse as hoarders sell to pay bills amid rising inflation. Great news for silver stackers. Time to buy more when silver collapses.
Kiyosaki also once again expressed his criticism of the US dollar:
Losers hoarding fake fiat US dollars, except for them, all is good news. I’ll buy more gold, silver, and Bitcoin with fake dollars.
Robert Kiyosaki has been a prominent advocate for Bitcoin while the USD continues to lose value. Additionally, the author believes the Bitcoin ecosystem is beneficial for humanity and that its design serves a greater good.
Kiyosaki Emphasizes the Significance of Halving
While everyone is closely following the approval process of the first spot Bitcoin ETF, Kiyosaki is focused on a different date and event. He is looking towards April 2024 and drawing attention to the planned Bitcoin halving.
In a recent statement on X, Robert Kiyosaki advised investors to stay informed about future developments in Bitcoin. He emphasized the importance of the upcoming Bitcoin halving and added:
The Bitcoin halving is rapidly approaching. Please pay attention to the Bitcoin halving.
According to Kiyosaki, people investing in Bitcoin rather than traditional finance can reach better positions.
The price of Bitcoin experienced a strong surge followed by a sharp decline on Monday after fake news about the approval of a Bitcoin ETF emerged last night. A scandal caused by a fake tweet shared from the SEC account on the X platform led to this event.