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Cryptocurrency News Articles
Finance Guru Robert Kiyosaki Braces for Bitcoin Bull Run, Predicts Six-Figure Target
Mar 26, 2024 at 03:04 pm
Bestselling financial author Robert Kiyosaki announces plans to invest over half a million dollars in Bitcoin anticipating the upcoming halving in April and projects the asset to surpass $100,000 by September 2024. Kiyosaki emphasizes the significance of acquiring Bitcoin and precious metals due to concerns over the global economy, particularly the financial instability of nations like the US, China, and Japan.
Renowned Finance Author Robert Kiyosaki Prepares for Bitcoin Bull Run, Predicts Six-Figure Price Target
Acclaimed best-selling author in the realm of finance, Robert Kiyosaki, has declared his intention to invest a substantial sum exceeding half a million dollars in Bitcoin (BTC) in the immediate future.
In a message disseminated to his vast following of 2.5 million on the social media platform X, Kiyosaki revealed his plan to embark on an extensive Bitcoin purchasing spree in anticipation of the forthcoming April halving event, which entails a reduction in miners' rewards by 50%.
Furthermore, Kiyosaki expressed his unwavering conviction that the value of Bitcoin will ascend to six figures within the next several months. "I am resolute in my decision to acquire 10 more Bitcoin before April draws near. The catalyst for this action lies in the impending halving event," Kiyosaki asserted.
Cognizant of the financial constraints faced by some individuals, Kiyosaki advised those unable to afford a whole Bitcoin to consider purchasing fractional units of the cryptocurrency, either through newly introduced exchange-traded funds (ETFs) or by acquiring satoshis, the smallest divisible unit of Bitcoin.
"My unwavering prediction is that Bitcoin will attain a lofty price of $100,000 by September 2024," Kiyosaki confidently stated.
Kiyosaki's decision to invest heavily in Bitcoin and other precious metals, such as silver, stems from his astute observations of ominous signs within the global economy.
"The discerning minds in the financial world are acutely aware that the United States holds the dubious distinction of being the most indebted nation on the planet; China's real estate market is teetering on the brink of collapse; Japan has languished in an economic downturn since 1990; Germany is perilously close to slipping into recession; ordinary consumers are heavily reliant on credit cards to sustain their spending; banks are facing dire straits; and the world teeters on the precipice of war," Kiyosaki elaborated.
Michael Saylor, a prominent Bitcoin advocate, posed a poignant question: "How would you characterize individuals who persist in hoarding fiat currency, a form of 'fake' money?"
"Unquestionably, they would be considered poor," Saylor responded. "Michael Saylor, Andy Schectman, and I harbor no desire for you to languish in poverty. It is imperative that you initiate the accumulation of gold, silver, and Bitcoin, if you have not already embarked on this prudent path.
"Abstain from the folly of remaining impoverished while clinging to counterfeit money. Virtually every individual on this planet possesses the means to acquire at least one silver coin or a single satoshi of Bitcoin. Exercise wisdom, take decisive action, and prioritize your well-being."
As of this writing, Bitcoin is trading at $70,132, reflecting a commendable surge of over 5% within the past 24 hours.
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