BTC May Climb to $135K Soon, Predicts Rich Dad Poor Dad Author

Published 21/10/2023, 10:09
© Reuters.  BTC May Climb to $135K Soon, Predicts Rich Dad Poor Dad Author
BTC/USD
-

Coin Edition -

  • Robert Kiyosaki predicted in an X post yesterday that BTC could climb to $135K.
  • This prediction is a stark contrast to a post published earlier this year wherein Kiyosaki predicted the end of Bitcoin.
  • At press time, BTC was trading at $29,579.96 following its 1.21% 24-hour gain.

Robert Kiyosaki, the financial education advocate, predicted in an X post yesterday that Bitcoin (BTC) could soar to $135,000. Kiyosaki’s prediction comes after the market leader recently tested the psychological $30K mark.

Along with his prediction for BTC, he also forecasted that gold may one day break above $2,100 before taking off. Meanwhile, Kiyosaki shared his belief that silver could rise from $23 to $68 an ounce.

Interestingly, this is a complete contrast to an earlier post published by Kiyosaki on 23 September 2023. The X user, Rell, shared a screenshot of the previous post in the comments and asked Kiyosaki which he believes is true.

In the previous post, Kiyosaki revealed that Citibank announced that it was offering bank block chain technology to turn institutional savings into Citibank tokens. These tokens can then be used for instantaneous 24/7 cross border transactions. Subsequently, Kiyosaki questioned whether this institutional involvement could be the end of BTC and blockchain technology.

BTC / Tether US 1D (Source: TradingView)

Meanwhile, at press time, the cryptocurrency market tracking website CoinMarketCap indicated that BTC was trading below the $30K barrier. Nevertheless, the leading cryptocurrency’s price was still up 1.21%. As a result, the cryptocurrency was changing hands at $29,579.96.

Notably, this 24-hour gain also pushed BTC’s weekly performance further into the green zone. At press time, BTC’s price was up 9.97% over the past 7 days as a result. The cryptocurrency king’s market dominance also increased 0.23% throughout the past day of trading, which boosted BTC’s market share to 51.59%.

Its success over the past week has also allowed BTC to flip its monthly performance back into the green zone. CoinMarketCap data indicated that the market leader was up 9.67% on the monthly time frame as well.

The post BTC May Climb to $135K Soon, Predicts Rich Dad Poor Dad Author appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.