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Robert Kiyosaki says Bitcoin is a ‘bargain today … but not tomorrow’

    World-renowned author Robert Kiyosaki shares his view on Bitcoin.
    Pseudonymous crypto analyst sees BTC at $100,000 in 2025.
    Bitcoin slid back under $27,000 after Fed’s rate decision today.

    Bitcoin – the world’s largest cryptocurrency is a “bargain” today, says Robert Kiyosaki – the renowned author of Rich Dad Poor Dad.

    Robert Kiyosaki shares his view on Bitcoin

    The so-called digital gold has not been a lucrative investment over the past two months.

    But the Founder of Rich Global LLC recommends seeing the recent weakness as an opportunity to build a position in the “future” at a discount. His recent tweet reads:

    Gold, silver, bitcoin are bargains today … but not tomorrow. America is broke. Buy GSBC today before stocks, bond, real estate.

    Robert Kiyosaki even called fiat currencies “fake money” this past weekend. Also on Wednesday, Santiment – a crypto analytics platform reported an increase in Bitcoin’s on-chain activity to levels not seen since April.

    What could help propel Bitcoin price?

    Note that there’s a bunch of tailwinds that could catalyse the price of a Bitcoin in the near to medium term – the pending approval of an exchange-traded fund for example.

    And then of course, there’s the halving event scheduled or April or May of 2024. In fact, PlanB – a pseudonymous crypto analyst who also goes by 100trillionUSD reiterated today that BTC could hit $100,000 in about two years.

    He even left the prospect for it to eventually be worth $1.0 million much like what Cathie Wood has forecast multiple times this year.

    Bitcoin is currently trading at $26,900 versus its year-to-date high of $31,500 in mid-July.

    The post Robert Kiyosaki says Bitcoin is a ‘bargain today … but not tomorrow’ appeared first on CoinJournal.

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