'Rich Dad Poor Dad' Fame Robert Kiyosaki Says He's Bought 5 More Bitcoin Amid Spot ETF Approval
Portfolio Pulse from Mehab Qureshi
Robert Kiyosaki, author of 'Rich Dad Poor Dad,' has purchased 5 more Bitcoin following the SEC's approval of Bitcoin ETFs. He expressed concerns over potential hyperinflation and reiterated his trust in Bitcoin over traditional leadership, raising his price target for Bitcoin to $150,000. Kiyosaki also mentioned his personal financial strategy, highlighting his $1.2 billion debt and his indifference towards the potential consequences for the banks.
January 11, 2024 | 7:37 am
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POSITIVE IMPACT
Robert Kiyosaki's endorsement and purchase of Bitcoin, coupled with the SEC's approval of Bitcoin ETFs, could positively influence Bitcoin's price in the short term.
Kiyosaki's influence as a well-known financial author and his optimistic price target for Bitcoin, along with the SEC's approval of Bitcoin ETFs, are likely to be viewed positively by investors and could lead to increased demand for Bitcoin in the short term.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100