The author of Rich Dad Poor Dad expects the prices of Bitcoin (BTC), gold and silver to rise in the near future as every government around the world prints more money causing inflation to reach its highest level in many years.
Popular entrepreneur and financial teacher Robert Kiyosaki issued a prediction for Bitcoin (B T c), and top precious metals amid rising volatility in the crypto sector. According to Kiyosaki, the price of Bitcoin is well positioned to rise to $135,000 in the near term. His BTC price forecast follows the recent rally fueled by the fake update of spot ETF approval that has awakened FOMO crypto traders. Notably, Bitcoin price is retesting the resistance zone above $30k and below $32k for the third time year-to-date.
Crypto experts believe that there has been a significant increase in the trading volume of Bitcoin btc price The ‘Uptober’ crypto is in a good position to rally from $32k to $40k amid a bullish narrative. Furthermore, the recent Bitcoin rally above $30k has been supported by a significant increase in the trading volume of altcoins.
Macro analysis on Bitcoin price action by Kiyosaki
With less than six months to go until the fourth Bitcoin halving, Kiyosaki is confident that a supply vs. demand shock will push the native coin above $100k to $135k. With the United States Federal Reserve leading other global central banks in printing more fiat money out of thin air, Kiyosaki is confident of an imminent breakthrough soon. Furthermore, a notable institutional demand driven by the recent spot Bitcoin ETF mania has instilled confidence in the long-term prosperity of digital assets over fiat currencies.
Gold will soon cross $2,100 and then take off. You will wish you had bought gold at a price less than $2,000. Next stop: Gold $3,700. Bitcoin is testing $30,000. Next stop Bitcoin $135,000. Silver at $23 to $68 an ounce. Fake dollar saving FD Please tell your friends to “Wake up.”
– Robert Kiyosaqi (@theRealKiyosaqi) 20 October 2023
Bitcoin’s ultimate rise has been largely supported by the diminishing returns of gold among other precious metals. Furthermore, the price of Bitcoin has increased by approximately 147 percent since August 2020 compared to gold’s 18 percent, which has inspired MicroStrategy Inc (NASDAQ:MSTR) will continue to accumulate more coins.
Nonetheless, Kiyosaki is confident that the precious metals industry will continue to grow as demand increases in the near future. Precisely, Kiyosaki thinks that gold will soon break above $2k and move towards $3,700. According to the latest market data, gold derivatives with the US dollar are trading around $1979, up 3.3 per cent in the last five days.
As for silver, Kiyosaki issued a forecast of $68, which is almost triple the current price of $23. He concluded that dollar holders should buy Bitcoin and the precious metal to hedge against the impending implosion.
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The mainstream adoption of Bitcoin and other digital assets is largely tied to the ability of decentralized finance (DeFi) developers to build infrastructure capable of seamlessly onboarding billions of global users. Furthermore, smart contracts will enable more enterprises to create applications that everyday users can easily interact with. Meanwhile, Bitcoin and other digital assets remain speculative investment vehicles aimed at protecting against high inflation and helping investors cope with the various restrictions resulting from the geopolitical crisis.

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