Bitcoin (BTC), the world’s leading cryptocurrency, is gaining momentum with the impact of the halving event that will take place in three weeks. This past weekend, Bitcoin surged to a new weekly high of $67,500 as investors sought to position themselves ahead of the halving. Meanwhile, famous author Kiyosaki’s Bitcoin comments gained momentum. Here are Kiyosaki’s latest statements…
Kiyosaki is bullish on Bitcoin
Famous investor and author Robert Kiyosaki, known for his book “Rich Dad Poor Dad,” further increased the excitement by announcing plans to purchase an additional 10 Bitcoins before April. Kiyosaki emphasized his strong belief in Bitcoin’s future potential, specifically stating that the halving was the main factor behind his decision.
Aware that not everyone can afford an entire Bitcoin, Kiyosaki offered valuable advice to aspiring investors. He proposed using newly available Exchange Traded Funds (ETFs) or Satoshis, which allow users to purchase fractions of one Bitcoin. This aligns with Kiyosaki’s core belief… Owning even a small amount of Bitcoin can lead to significant returns in the long run.
Kiyosaki made a bold prediction for September
Expressing optimism about Bitcoin’s design, Kiyosaki stated that investors could potentially accumulate one Bitcoin by the end of the year if the cryptocurrency works as intended. Beyond his immediate buying plans, Kiyosaki boldly predicted a $100,000 long-term price target for Bitcoin by September 2024. In particular, he recommends diversifying by diversifying into gold and silver as well as Bitcoin.
Bitcoin’s recent surpassing of its all-time high (ATH) has initiated a critical phase in its price trajectory. Analysts emphasize the importance of the current consolidation period and advise patience as Bitcoin builds support around the ATH zone. This consolidation is seen as a harbinger of a potential supercycle, a period of prolonged and dramatic price increases.
What’s in store for the BTC price in the future?
Experts predict that Bitcoin will remain near the ATH level for several weeks, laying the foundation for sustainable growth and the long-awaited super cycle. This aligns with historical trends observed during previous ATH breakouts, which often include consolidation phases before the next significant price increase.
cryptokoin.com As we reported, mining difficulty has also reached an all-time high, reflecting the growing confidence in Bitcoin. This shows that competition is increasing among miners to process transactions and earn Bitcoin rewards, and the network is becoming stronger. Analysts have identified the $72,500 level as the key resistance levels to watch and that the $72,500 level must be confirmed for Bitcoin to break above $70,000 and reach new highs. BTC last on March 14 73,835.57 The dollar reached an all-time high.
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