Kiyosaki warns that BTC above $100K will make investing harder for the average person.
Analysts claim that gold, silver, and BTC will benefit the wealthy while cash becomes trash.
Polymarket sees a 74% chance of Bitcoin hitting $100K soon, indicating market growth.
Bitcoin is gradually rising towards the $100,000 mark, and financial expert Robert Kiyosaki has stated that once Bitcoin hits this level, there will be a shift in wealth. On Saturday, in an X post, Kiyosaki said that after Bitcoin reaches $100,000, it will be tough for most people to enter the market. This could impact middle and lower earners, making it harder for them to invest.
According to Kiyosaki, the rich will keep getting richer, and those possessing assets such as gold, silver and Bitcoin are in the best position. “Savers are losers… because cash is trash,” Kiyosaki said, meaning that such currencies as the dollar, euro, and yen lose their value. He thinks that the rise of Bitcoin will be a key driver of future wealth distribution, and the ultra-rich, corporates, banks, and sovereign wealth funds will be the biggest winners.
Polymarket Bitcoin Forecast
As of press time, BTC has been trading at $96,712, up by 0.58% in the last 24 hours. Bitcoin is again approaching the $100,000 milestone, the next large round number in Bitcoin’s upward climb. Polymarket, a blockchain-based prediction platform, believes there is a 74% chance that Bitcoin will reach this mark soon.
Source: PolyMarket
Technically, Bitcoin is forming a double-bottom pattern on the charts and could rally to $106,000 by Christmas. The trading volume is also on the rise, by 12.77% as at the time of writing, which is a clear indication of enhancing investors’ interest and market momentum.
Source: TradingView
Analyst Market Concerns
While Bitcoin is reaching $100,000, Kiyosaki becomes more concerned. He said that as soon as the price per Bitcoin hits this level, it will be nearly impossible for the average person to buy Bitcoin in significant quantities. As a result, the digital currency will become the domain of the super-rich only. He uses the analogy ‘the horse is out of the barn’ to describe how middle- and lower-income earners are left behind when prices surge.
Switzerland has even begun to try to control Bitcoin mining, which only encourages using cryptocurrencies. Institutional investors have started to get more involved, making Kiyosaki’s prediction of the price of Bitcoin soaring to $100,000 seem imminent. With time, the Bitcoin market has come under scrutiny by experts and investors, and Kiyosaki’s concern about rising wealth inequality still captures everyone’s attention.
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