Is Bitcoin Pricey At Current Levels? 'Rich Dad, Poor Day' Author Robert Kiyosaki Says King Crypto 'Not High As It's Going To Go'
Portfolio Pulse from Shanthi Rexaline
Robert Kiyosaki, author of 'Rich Dad, Poor Dad,' addressed Bitcoin skeptics, stating that while Bitcoin is currently high, it is not as high as it will go. He encourages buying Bitcoin despite its current price. Bitcoin has gained over 56% year-to-date, outperforming the S&P 500 Index. Regulatory uncertainty in an election year may be causing caution among investors.
June 15, 2024 | 2:24 pm
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Robert Kiyosaki believes Bitcoin is not as high as it will go and encourages buying despite its current price. Bitcoin has gained over 56% year-to-date, outperforming the S&P 500 Index. Regulatory uncertainty in an election year may be causing caution among investors.
Kiyosaki's positive outlook and encouragement to buy Bitcoin could boost investor sentiment. The strong year-to-date performance and comparison to the S&P 500 highlight Bitcoin's potential. However, regulatory uncertainty may temper short-term gains.
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