Bitcoin Nears $100K as Kiyosaki Remains Bullish
Bitcoin's Impressive Surge
Bitcoin is on the verge of hitting the significant $100,000 milestone, reaching a new all-time high of approximately $99,500. This marks a substantial increase, with Bitcoin adding about $3,000 in the last 24 hours and an 11.7% surge since the start of the week.
Robert Kiyosaki's Bullish Outlook
Renowned financial expert Robert Kiyosaki, author of "Rich Dad Poor Dad," has long been an advocate for Bitcoin. His support for the cryptocurrency intensified during the pandemic, when the U.S. government issued financial relief checks. Kiyosaki regards Bitcoin as a safe-haven asset, akin to gold and silver, and has consistently accumulated all three.
Strategic Bitcoin Accumulation
Kiyosaki has a strategic approach to Bitcoin investments, buying more during market dips to capitalize on lower prices. Despite his bullish stance, he recently indicated that he would cease accumulating Bitcoin once it surpasses the $100,000 threshold, cautioning against greed at such high valuations.
Future Predictions and Insights
Kiyosaki aligns with the optimistic forecasts of MicroStrategy’s founder, who predicts Bitcoin could eventually reach $13 million per coin. This aligns with the views of Dogecoin cofounder Billy Markus, who humorously anticipates Bitcoin hitting $100,000 while he sleeps, albeit hoping for stability rather than a rapid crash.
Bitcoin's recent performance reflects its volatile yet promising nature, capturing the attention of both seasoned investors and market newcomers. As it edges closer to $100,000, the cryptocurrency continues to intrigue those interested in digital assets and financial markets.
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