'Rich Dad, Poor Dad' Author Robert Kiyosaki Says He's Buying 10 Bitcoin Before April Halving, Sees King Crypto Rallying To This Level By September
Portfolio Pulse from Shanthi Rexaline
'Rich Dad, Poor Dad' author Robert Kiyosaki plans to buy 10 more bitcoins before the April halving, predicting a rally to $100,000 by September 2024. He suggests buying fractions of Bitcoin through ETFs or Satoshis for those who can't afford a whole coin. Kiyosaki also recommends investing in precious metals like gold and silver as alternatives. The Bitcoin halving, reducing miner rewards by 50%, is expected to decrease supply and potentially increase Bitcoin's price.
March 25, 2024 | 7:51 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Robert Kiyosaki's endorsement and purchase plan, along with the upcoming Bitcoin halving, could contribute to increased demand and potentially higher prices for Bitcoin in the short term.
Kiyosaki's influence as a well-known financial author combined with the anticipated supply squeeze from the Bitcoin halving could lead to increased buying interest and upward price pressure on Bitcoin in the short term.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90