Why ‘Rich Dad Poor Dad’ Author is Accumulating More Bitcoin During the Rally

Renowned Financial Guru Forecasts Tripling in Bitcoin Value, Bets Big on Cryptocurrencies Amid Rising Market Trends

Why 'Rich Dad Poor Dad' Author is Accumulating More Bitcoin During the Rally

Key Points

Robert Kiyosaki, renowned for his book ‘Rich Dad, Poor Dad,’ has further increased his Bitcoin holdings as the leading digital asset’s price surpassed $100k.

Kiyosaki, a staunch Bitcoin advocate, has consistently encouraged his over 2M X followers to view the cryptocurrency as a hedge against inflation.

Bitcoin’s Potential Surge

Recently, Kiyosaki projected that Bitcoin could potentially rise to between $175k and $350k by 2025, possibly explaining his recent Bitcoin acquisitions. In his New Year’s message, Kiyosaki stated, “My price prediction for Bitcoin 2025: $175,000 to $350,000. Happy New Year.”

In addition to Bitcoin, Kiyosaki promotes asset diversification, including investments in silver and gold. He cites poor economic management by key government institutions as making investments based on the U.S. dollar particularly risky.

His Bitcoin forecast aligns with the $150k-$250k range anticipated by many analysts. Even the Pi Cycle Top, a key market peak metric, identifies $234k as a likely trigger point for a significant market correction and probable bear market.

Predicted Market Trends

The Pi Cycle Top has accurately signaled previous market peaks in 2013, 2017, and 2021. The signal indicates a market peak when the 111-day moving average (MA, orange) crosses the modified 365-day MA.

If historical patterns continue, the current bull run might end by Q3 2025, leading to a bear phase of extended correction. Meanwhile, the Trend-Based Fibonacci Extension tool, traced from the 2022 market bottom, suggests that Bitcoin could rise to $167k in the medium term.

However, before any dramatic increase above $150k, most market experts anticipate a potential local top in March, followed by a rebound towards a cycle peak later in the year.

Exit mobile version