The creator of the best-selling private finance collection Wealthy Dad Poor Dad thinks that Bitcoin (BTC) is just some months away from hitting a six-figure price ticket.
Robert Kiyosaki tells his 2.5 million followers on the social media platform X that he’d reasonably put his religion in laborious belongings like Bitcoin than blindly comply with the Federal Reserve.
“Reasonably than belief the Fed, I desire to belief gold, silver, and Bitcoin.”
Kiyosaki seems to be involved concerning the demand for US Treasuries. The Wealthy Dad Poor Dad creator mentions a query raised by Andy Schectman, the president of treasured metals funding agency Miles Franklin, on who can be prepared to build up US bonds contemplating that the nationwide debt has skyrocketed to a file excessive of $34.266 trillion.
“Andy Schectman asks a vital query: ‘Who’s going to purchase US bonds?’
Banks are shopping for gold, not US debt. How will America run with out cash? How will the world function with cash? What’s going to you do with out cash? Gold goes to crash presumably beneath $1,200. Silver will take off as will Bitcoin. Take care. Watch out.”
Believing that BTC will witness a transfer to the upside, Kiyosaki shares his goal worth for the crypto king together with a concrete timeline.
“BITCOIN to $100,000 by June 2024.”
At time of writing, Bitcoin is buying and selling at $51,748, a slight lower within the final 24 hours.
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Disclaimer: Opinions expressed at The Every day Hodl should not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any loses it’s possible you’ll incur are your duty. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please notice that The Every day Hodl participates in affiliate marketing online.
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