Bitcoin price is trying to create space for bullish momentum by leading the cryptocurrency market. BTC is trading around $30,400, posting a slight uptick in the last 24 hours. As volatility decreased significantly, Robert Kiyosaki, known for his book “Rich Dad Poor Dad”, announced his new price forecast.
Robert Kiyosakimade a post commenting on the adoption of the gold standard by the BRICS alliance members. Kiyosaki thinks BRICS members will likely unveil a gold-backed cryptocurrency next month, in a move that could change the status quo in US dollar valuation.
Considering the impending devaluation of the USD, Kiyosaki did not hesitate to advise his followers to buy gold and silver to hedge against the inflation that will peak in the coming months. However, another noteworthy detail in this prediction is that the price of Bitcoin can reach $ 120,000. was the claim.
August 22, 2023, in Johannesburg, South Africa, BRICS nations announce gold backed crypto. US $ will die. Trillions of US$ rush home. Inflation through the roof. Buy Gold,
silver. Bitcoin to $120k next year.NEWS CONTINUES BELOW— Robert Kiyosaki (@theRealKiyosaki) July 11, 2023
As a renowned investor with proven theories on the market and investment strategies, Robert Kiyosaki remains one of the most popular proponents of Bitcoin. This latest price prediction shows that the seasoned investor is still optimistic about Bitcoin, despite recent events that have caused many mainstream investors to lose faith in the leading digital currency.
Kiyosaki has maintained his status in the world as a social commentator with a series of projections that help guide investors. As it is known, Kiyosaki has little faith in the banking sector and he believes that more banks will fail in the coming months/years.
You can follow the current price action here.