Bitcoin (BTC), the cryptocurrency market’s flagship asset, has finally broken over the crucial psychological milestone of $30,000. Renowned investor Robert Kiyosaki predicts a 350% growth in the next weeks.
In a post shared on October 20, the famous author of the best-selling personal finance book “Rich Dad Poor Dad” talked about his predictions for the future prices of Bitcoin, gold, and silver. He said that Bitcoin’s “next stop” is $135,000 and told those who follow him to tell their friends to “wake up.”
Meanwhile, Kiyosaki has recently advocated dollar-cost averaging as the best investment strategy for the aforementioned assets, citing the $10 and $0.14 declines in gold and silver respectively today, as well as the fact that he has been steadily stockpiling the precious metals and his other preferred assets, including Bitcoin, for years:
“As an example, if you invested $100 in Bitcoin every month for the last five years (between October 23, 2018, and October 23, 2023), using the DCA method, your initial $6,000 would have grown to $14,122.96, a gain of 135.38%.”
At the time of writing, the price of one Bitcoin was $30,577, a rise of 2.31 percent in the last twenty-four hours, 9.72 percent in the prior seven days, and as much as 15 percent in the last thirty days, all based on information gathered on October 23.
Finbold reported in August that financial educator Robert Kiyosaki predicted a price of $1 million for the first crypto asset in the event of a global economic collapse.
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