Billionaire Robert Kiyosaki expects the price of Bitcoin to reach $100,000
With anticipation of the "halving" process in April
While the encrypted digital currencies continued their upward journey, Bitcoin continues to reap more gains after it breached the level of $50,000 in the last trading sessions, amid expectations that the price of Bitcoin will reach $100,000, in the latest predictions from the author of the famous book “Rich Dad and Dad.” Poor man,” billionaire Robert Kiyosaki.
In this context, optimism is returning to the cryptocurrency market amid speculation about the possibility of the US Federal Reserve reducing interest rates this year, as well as the momentum of flows in cryptocurrency trading funds that were approved at the beginning of this year, in addition to the process of reducing the Bitcoin mining reward by half, which is scheduled to take place. In April 2024.
In this context, Robert Kiyosaki expected - via a post on “X” - that the price of Bitcoin would reach $100,000 by June 2024.
Kiyosaki has been a supporter of the digital currency Bitcoin for years, often praising the asset, along with gold and silver, over “fake” fiat currencies, such as the dollar.
Kiyosaki added, in another post seen by Al Arabiya Business, that banks buy gold, not American debt (bonds). Gold will likely collapse below the $1,200 level, which means silver will boom as well as Bitcoin.
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