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- Kiyosaki has consistently maintained his belief that Bitcoin is a solution for the worsening financial situation and banking crisis in the United States.
- Before Bitcoin reached its ATH of $69.2K, Robert Kiyosaki predicted that the Bitcoin price would reach $100,000 by June of this year.
- Quigley explained the fundamental analysis of the flow of money into Bitcoin within the framework of the rising institutional and retail investment in the crypto market.
As the Bitcoin price sets a new record above $69,000, renowned author Robert Kiyosaki revealed his prediction for the Bitcoin price.
Kiyosaki Reveals Price Prediction for Bitcoin
The author of “Rich Dad Poor Dad,” Robert Kiyosaki, has consistently maintained his belief that Bitcoin is a solution for the worsening financial situation and banking crisis in the United States. He directs everyone to invest in Bitcoin, gold, and silver.
The author of “Rich Dad Poor Dad,” Robert Kiyosaki, has a new target for the Bitcoin price when the cryptocurrency reached a new all-time high of $69,200 this week. Experts from Wall Street and the crypto industry, such as Standard Chartered, Tom Lee from Fundstrat, and Michael van de Poppe, have predicted that the BTC price could reach at least $100,000 by 2024.
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Before Bitcoin reached its ATH of $69.2K, Robert Kiyosaki predicted that the Bitcoin price would reach $100,000 by June of this year and maintained his bullish outlook on Bitcoin during significant purchases of spot Bitcoin ETFs. In a recent post on Twitter, he now states that the next target for Bitcoin is $300,000 in 2024. He claims that the biggest mistake people make is procrastination and says, “The important thing is to start, even if it’s just $500.”
This week, William Quigley, co-founder of Tether, also predicted on CNBC’s ‘Squawk on the Street’ program that the BTC price would reach $300,000. Quigley explained the fundamental analysis of the flow of money into Bitcoin within the framework of the rising institutional and retail investment in the crypto market.
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BTC Price Consolidates for Further Upside
Popular analyst Michael van de Poppe states, “We’re nearing the end of the previous halving rally of Bitcoin.” He anticipates macroeconomic data expected to impact the ongoing rally this month but predicts the BTC price will reach $70,000 within the context of liquidity concerns. Meanwhile, according to CoinGlass, CME Bitcoin open interest has reached a record $9.6 billion. The total BTC futures open interest on March 7 is $30.88 billion.
The BTC price has been trading within a range in the past 24 hours and is currently trading above $66,000. The 24-hour low and high values are $64,855 and $67,637, respectively. Additionally, the trading volume has decreased by 40% in the last 24 hours, indicating a decline in interest among traders.
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