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"Rich Dad Poor Dad" Author: Bitcoin's "Next Stop" Is $135,000

Published 2023-10-20, 09:15 p/m
© Reuters "Rich Dad Poor Dad" Author: Bitcoin's "Next Stop" Is $135,000
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U.Today - Financial educator and "Rich Dad Poor Dad" author Robert Kiyosaki has set the crypto community abuzz with his recent claiming that Bitcoin's "next stop" is an eye-popping $135,000.

This comes as the flagship cryptocurrency successfully reclaimed the $30,000 mark this Friday amid growing anticipation around potential exchange-traded fund (ETF) approvals.

In addition to the crypto king, Kiyosaki also expressed bullish views on gold and silver.

Flirting with $30,000

As , Bitcoin (BTC) demonstrated a notable recovery this Friday, crossing the significant $30,000 benchmark on Bitstamp before paring some gains. It is currently trading at $29,491, according to CoinGecko data.

The digital currency remains far from its all-time high of roughly $69,000 from October 2021.

The crypto sector buzzes with speculation regarding the possible U.S. approval of a spot-based , which many insiders view as a potential game-changer for the market.

Kiyosaki's gold and silver forecasts

Kiyosaki's predictions extend beyond the cryptocurrency space. He anticipates breaking the $2,100 threshold soon and eventually reaching a staggering $3,700.

Similarly, he forecasts silver to leap from its current $23 range to $68 per ounce. The markets seem to echo this sentiment, with gold nearing the $2,000 mark, largely influenced by buying amidst escalating Middle East tensions.

However, Kiyosaki's predictions should be taken with a grain of salt due to his questionable track record.

This article was originally published on U.Today

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