The author of the bestseller "Rich dad poor dad” highlighted the potential of the leading cryptocurrency to enter the so-called “Banana Zone“.
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IN publication on X (Twitter) on June 26, Kiyosaki expressed his firm belief that BTC will soon make a parabolic rebound.

The term "Banana Zone” was coined by Raoul Pal, CEO of Real Vision and an expert in macroeconomics, to describe the potential parabolic jump of Bitcoin. 

Kiyosaki agreed with Pal's view, noting that the term "creates great excitement". He emphasized that Pal, with his extensive experience as a senior executive at Goldman Sachs, has deep knowledge.

"Yes, I believe Raul Pal knows what he is talking about. (…) The “Banana Zone” is when Bitcoin goes up… goes parabola… creates a sine curve… when people say “I should have bought some”… or “I should have bought more Kiyosaki wrote.

$BTC #robertkiyosaki #BinanceTournament #btc #BTCanalysis #salmankhanwazir @Salman Khan Wazir

🔥🔥🔥 #parabolic $BTC Surge Imminent as #bitcoin☀️ Enters the Dramatic Banana Zone, New ATH Soon?

Bitcoin’s ‘Banana Zone’: A Phase of Rapid Price Escalation

Bitcoin’s Banana Zone signifies a period of rapid price escalation, drawing significant market and investor interest.

Concept of the Banana Zone

- Definition: A phase where Bitcoin experiences dramatic upward surges, characterized by a parabolic rise, prompting investor regret for not buying sooner.

- Contrast with Fiat: Bitcoin’s rise as rules-based money, differing from traditional fiat's debt-based model.

Credibility of Raoul Pal

- #raoulpal : A former high-ranking executive at Goldman Sachs, his credibility in financial markets supports the Banana Zone concept.

- Influence on Investors: Pal’s advice led Robert Kiyosaki to invest in Bitcoin, buying 30 Bitcoins at $6,000 each, which have since appreciated significantly.

Impact of Bitcoin’s Rise

- Rules-Based Money: Bitcoin operates on a fixed set of principles without government interference, unlike fiat money, which can be printed at will, leading to inflation and devaluation.

- Investor Sentiment: Bitcoin's rise is seen positively by many investors due to its independence from government control.

Current Market Status

- Bitcoin Price: Trading at $61,795.53 with a 24-hour trading volume of $28.55 billion, reflecting a 1.12% increase in the last 24 hours.

Shifts in Perspectives

- #robertkiyosaki : Previously suggested Bitcoin was crashing, now acknowledges the importance of long-term investment strategies due to the market's volatility and dynamic nature.

Summary

Bitcoin’s Banana Zone signifies a period of rapid price increase, highlighting its distinction as rules-based money and drawing interest from investors. Raoul Pal’s credibility supports this concept, influencing significant investments like that of Robert Kiyosaki. Despite market volatility, Bitcoin’s long-term potential continues to attract attention.

Source - cryptonewsland.com

#BinanceSquareBTC

Here is what Robert Kiyosaki says:

Bitcoin is crashing. Most people should sell. I am waiting to buy more. All markets go up and down. Many people make a lot of money "trading" markets, which means buying low and hopefully selling low. The problem with "trading" any asset is taxes, specifically "short term" capital gains taxes. My strategy is similar to Warren Buffett's "buy and hold on forever."
What do you think?
#robertkiyosaki

🔥🔥🔥 Analyst Predicts: US to Face Its Own ‘Bank of England’ Debt Crisis Prior to Elections

Analyst Warns of a Potential Crisis for U.S. Debt with Steep Yield Increases

Otavio Costa, Macro Strategist at Crescat Capital, has issued a warning about looming issues for the U.S. economy ahead of the upcoming presidential elections. On social media, Costa highlighted the deteriorating liquidity of the U.S. government securities index, noting that it is at its lowest levels since the 2011 European debt crisis.

Costa emphasized the concerning nature of this situation, particularly given the significant interest rate differentials between the U.S. and other developed economies. He suggested that the U.S. might be heading towards its own "Bank of England" moment. This term references the sharp increase in treasury yields experienced by the UK in September 2022, following announcements of over $57 billion in unfunded tax cuts, which raised concerns about the UK's debt sustainability.

Costa also pointed out that the traditional 60/40 investment portfolios, which allocate 60% of funds to equities and 40% to bonds, might begin to shift some of their allocation towards assets like gold. This shift aims to build defensive structures against upcoming imbalances, leveraging the stability of safe-haven commodities.

The warnings about an impending debt crisis are not new. Earlier this year, other analysts and experts have voiced similar concerns. In January, #robertkiyosaki cautioned about the ballooning U.S. debt, advising investors to buy gold, silver, and bitcoin. In March, Mike Novogratz, CEO of Galaxy Digital, suggested that the government should raise taxes and cut spending to avert a debt spiral crisis.

These insights underline the growing apprehension about the U.S. economic outlook and the potential need for significant fiscal adjustments to ensure stability.

Source - news.bitcoin.com

#CryptoNews🚀🔥 #BinanceSquareTalks #CryptoUpdate🚀🔥

In a Friday tweet, Kiyosaki said Bitcoin holders would likely get richer when the Fed changes its monetary policy and begins to print more money. #Binance #robertkiyosaki #bitcoin #investor #dyor

Robert Kiyosaki, author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has made some bleak predictions about the economic outlook, as he praised gold, silver, and Bitcoin (BTC) as alternatives to the United States dollar.

#robertkiyosaki #bitcoin #cryptoonindia

Title: Unveiling the Hypocrisy: Robert Kiyosaki's Bitcoin Rollercoaster

Description:
Discover the intriguing journey of Robert Kiyosaki's stance on Bitcoin, from calling it a scam to regretting not investing earlier. Dive into the twists and turns of his narrative as he shifts from skepticism to interest, and explore the implications for your own investment strategy. Don't miss out on this eye-opening analysis! #robertkiyosaki #InvestmentInsights 🚀📈

Now Is Good Time to Buy Bitcoin, 'Rich Dad Poor Dad' Author Says, 'Shop Til You Drop
after the Crash of America bank the only hope for Financial system of world is Bitcoin
#robertkiyosaki #Binance #BTC #bitcoin #Fed

🔥🔥 I still believe Gold, Silver, Bitcoin best for unstable times, although prices will go up and down. Take care.
Robert Kiyosaki
What do you think about it?🤔
#BTC #bitcoiners #crypto2023 #robertkiyosaki #cryptotrading

"I Don't Trust The Dollar", I Bought 60 Bitcoins, The More I'm In It The More I Realize It Has Sustainability Says Robert Kiyosaki...!!🙌🏻🔥

#robertkiyosaki #BTC #nftcommunity #bitcoin #cryptoonindia

#robertkiyosaki #btc #bitcoin #crypto2023 #dyor

Robert Kiyosaki stacking sats before the #halving

Robert Kiyosaki is buying 10 more $BTC before the halving, believing it'll be worth more.

He says if you can't buy a whole one, get a part of it or buy silver coins.

#robertkiyosaki #BitcoinHalvingEvent #btchalving2024 #TrendingTopic

🫧 Kiyosaki warns of a potential bubble, while an analyst predicts a $330K BTC price increase. 🚀

Robert Kiyosaki warns of a financial disaster that could devastate baby boomers. 💥

Crypto analyst Tradingshot predicts bitcoin could exceed $330,000, defying historical growth patterns. 🚀

Venture capitalist Tim Draper predicts that bitcoin will transform El Salvador into one of the world's wealthiest countries within 30-40 years. 💰

Kiyosaki urges investors to buy real assets like gold, silver, and bitcoin before the biggest bubble in history goes bust. 🫧

#HotTrends #BTC #Bitcoin(BTC) #BitcoinBlast #robertkiyosaki

JUST IN:

Robert Kiyosaki tweeted that Crash Has Begun and it will be a Bad One.

Get ready to invest more.

Follow for the latest.

#robertkiyosaki #CryptoCommunty

‘Rich Dad Poor Dad’ Author Kiyosaki’s New Long-Term Bargain: Not Bitcoin

#NFT #Web3 #Blockchain #robertkiyosaki