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"Rich Dad Poor Dad" Author: Bitcoin's "Next Stop" Is $135,000

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Fri, 20/10/2023 - 19:47
"Rich Dad Poor Dad" Author: Bitcoin's "Next Stop" Is $135,000
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Financial educator and "Rich Dad Poor Dad" author Robert Kiyosaki has set the crypto community abuzz with his recent social media post claiming that Bitcoin's "next stop" is an eye-popping $135,000. 

This comes as the flagship cryptocurrency successfully reclaimed the $30,000 mark this Friday amid growing anticipation around potential exchange-traded fund (ETF) approvals. 

In addition to the crypto king, Kiyosaki also expressed bullish views on gold and silver.

Flirting with $30,000 

As reported by U.Today, Bitcoin (BTC) demonstrated a notable recovery this Friday, crossing the significant $30,000 benchmark on Bitstamp before paring some gains. It is currently trading at $29,491, according to CoinGecko data.   

The digital currency remains far from its all-time high of roughly $69,000 from October 2021.

Related

The crypto sector buzzes with speculation regarding the possible U.S. approval of a spot-based Bitcoin ETF, which many insiders view as a potential game-changer for the market.

Kiyosaki's gold and silver forecasts

Kiyosaki's predictions extend beyond the cryptocurrency space. He anticipates gold breaking the $2,100 threshold soon and eventually reaching a staggering $3,700. 

Similarly, he forecasts silver to leap from its current $23 range to $68 per ounce. The markets seem to echo this sentiment, with gold nearing the $2,000 mark, largely influenced by safe-haven buying amidst escalating Middle East tensions.

However, Kiyosaki's predictions should be taken with a grain of salt due to his questionable track record. 

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