Robert Kiyosaki supports Michael Saylor’s Bitcoin plan, calling it a bold move increasing wealth for investors and employees.
Kiyosaki echoes Saylor's $13M Bitcoin projection by 2045, highlighting its potential to transform financial growth over gold.
Bitcoin rallies near $100K, with RSI at 80.91 indicating overbought conditions and potential for short-term pullback or consolidation.
Renowned financial author Robert Kiyosaki, known for Rich Dad Poor Dad, has voiced strong support for Michael Saylor’s Bitcoin investment strategy. Kiyosaki recently highlighted Saylor’s bold use of MicroStrategy’s treasury and credit to acquire billions in Bitcoin, a move Kiyosaki praised for increasing wealth for both Saylor’s investors and employees.
https://twitter.com/theRealKiyosaki/status/1860158537936113938
Drawing comparisons, Kiyosaki emphasized the potential of Bitcoin to drive economic growth, contrasting it with traditional investments like gold. Kiyosaki also pointed to Saylor’s long-term projections for Bitcoin, citing his prediction of a $13 million valuation by 2045 as evidence of the cryptocurrency’s transformative potential.
Kiyosaki Aligns with Saylor’s $13 Million Bitcoin Projection
Michael Saylor, co-founder of MicroStrategy, has projected that Bitcoin could reach $13 million by 2045 by capturing 7% of global capital. Kiyosaki echoed this sentiment, asserting that even small Bitcoin holdings today could result in substantial wealth in the future.
He recently advised investors to consider buying fractional Bitcoin, noting its potential to outperform traditional education costs or debt-laden investments. With Bitcoin currently trading at $97,913.86, Kiyosaki emphasized that Saylor’s insights provide a compelling case for the cryptocurrency’s long-term viability.
Bitcoin Nears $100,000 Amid Bullish Momentum
Bitcoin has experienced a sustained rally, climbing from $70,000 in late October to its current price near $98,000. Notably, the cryptocurrency is approaching the psychological $100,000 level, which could serve as a major resistance point.
Source: TradingView
The upward trend has been supported by increasing trading volumes and a series of higher highs and lows since mid-October. A breakout above $100,000 could lead to further gains, while a pullback may see the price stabilize around $90,000.
Technical Indicators Reflect Overbought Conditions
Bitcoin’s Relative Strength Index (RSI) stands at 80.91, indicating overbought conditions that often precede short-term corrections. The Moving Average Convergence Divergence (MACD) confirms continued bullish momentum, though the histogram shows signs of a slight decline. Key support levels are identified at $90,000 and $85,000, with resistance at the $100,000 mark. Rising trading volumes have further validated the uptrend.
