{"id":556405,"date":"2023-10-21T13:00:38","date_gmt":"2023-10-21T13:00:38","guid":{"rendered":"https:\/\/wncen.com\/?p=556405"},"modified":"2024-06-11T08:58:32","modified_gmt":"2024-06-11T08:58:32","slug":"why-this-renowned-finance-author-believes-bitcoin-is-headed-to-135000","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/why-this-renowned-finance-author-believes-bitcoin-is-headed-to-135000\/","title":{"rendered":"Why This Renowned Finance Author Believes Bitcoin Is Headed To $135,000"},"content":{"rendered":"

The crypto community is buzzing with excitement after a renowned finance author predicts an impending Bullish outcome for Bitcoin. The words of the respected financial figure have raised questions and discussions across the crypto community.\u00a0<\/span><\/p>\n

Related Reading: Stacks (STX) Rockets 26% Higher In A Single Week: The Factors At Play<\/a><\/div>\n

Rich Dad Poor Dad Author Sees Bitcoin Rising\u00a0<\/b><\/h2>\n

Japanese-American entrepreneur and author of the famous Rich Dad Poor Dad book, Robert T. Kiyosaki recently stated in an X (formerly Twitter) <\/span>post<\/span><\/a> on Thursday, that Bitcoin was poised to reach $135,000 after hitting a <\/span>$30,000 mark<\/span><\/a> at one point on Friday following rumors of <\/span>BlackRock\u2019s Bitcoin ETF approval.<\/span><\/a><\/p>\n

\n

Gold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop gold $3,700. Bitcoin testing $30,000. Next stop Bitcoin $135,000. Silver from $23 to $68 an ounce. Savers of fake dollars F\u2019d. Please tell your friends to \u201cWake up.\u201d\u2026<\/p>\n

\u2014 Robert Kiyosaki (@theRealKiyosaki) October 20, 2023<\/a><\/p><\/blockquote>\n

With recent <\/span>predictions<\/span><\/a> suggesting that Bitcoin could gain back its <\/span>bullish momentum<\/span><\/a> if it surpasses the crucial $30,000 mark, the crypto community found itself filled with hopes that the <\/span>$30,000 could be sustained<\/span><\/a>. However, at later periods on Friday, Bitcoin dropped back below $30,000 and presently it is trading at $29,714 according to CoinMarketCap.\u00a0<\/span><\/p>\n

<\/p>\n

BTC market cap currently at $581 billion on the weekly chart: TradingView.com<\/a><\/pre>\n
In his post, Kiyosaki also mentioned other investment assets like <\/span>gold<\/span><\/a> and silver which he believes would soon break resistance and gain more value. He urged people who hold or save \u201cfake\u201d US dollars to become more aware, possibly implying a negative outcome for these investments.<\/span><\/p>\n
\u201cGold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop gold $3,700. Bitcoin testing $30,000. Next stop Bitcoin $135,000. Silver from $23 to $68 an ounce,\u201d Kiyosaki stated.<\/span><\/p>\n
He added \u201cSavers of fake dollars F\u2019d. Please tell your friends to ‘Wake up.’ Take care.\u201d<\/span><\/p>\n
Kiyosaki Explains Inflation Strain On Lower Classes\u00a0<\/b><\/h2>\n
In a different <\/span>post<\/span><\/a> on Wednesday, Kiyosaki spoke on the topic of <\/span>inflation<\/span><\/a>. He stated that inflation has a high effect on the wealth gap, which is the economic disparity between the rich and the rest of the population.\u00a0<\/span><\/p>\n
\n
INfLATION makes the POOR &MIDDLE CLASS poorer because they work for & save dollars. Yet INFLATION makes the RICH RICHER. Why? Because today\u2019s rich work for & save Gold, Silver, & Bitcoin.<\/p>\n
\u2014 Robert Kiyosaki (@theRealKiyosaki) October 18, 2023<\/a><\/p><\/blockquote>\n
Kiyosaki stated that inflation had a crippling effect on the poor and middle class because they work and save US dollars, making them poorer and unable to accumulate wealth without challenges.\u00a0<\/span><\/p>\n
Related Reading: Why Is Bitcoin SV (BSV) Up 63% Today? Find Out Here<\/a><\/div>\n
In contrast, he said that the rich get even more wealthy during inflation because they save valuable investment assets like Gold, Silver, and <\/span>Bitcoin<\/span><\/a>. This theory holds some weight seeing that the wealthy usually have more access to financial instruments and assets that appreciate during inflationary periods.\u00a0<\/span><\/p>\n
\u201cINfLATION makes the POOR & MIDDLE CLASS poorer because they work for & save dollars. Yet INFLATION makes the RICH RICHER. Why? Because today\u2019s rich work for & save Gold, Silver, & Bitcoin,\u201d Kiyosaki stated.\u00a0<\/span><\/p>\n
Featured image from The Daily Hodl<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
The crypto community is buzzing with excitement after a renowned finance author predicts an impending Bullish outcome for Bitcoin. The words of the respected financial figure have raised questions and discussions across the crypto community.\u00a0 Related Reading: Stacks (STX) Rockets 26% Higher In A Single Week: The Factors At Play Rich Dad Poor Dad Author Sees Bitcoin Rising\u00a0 Japanese-American entrepreneur and author of the famous Rich Dad Poor Dad book, Robert T. Kiyosaki recently stated in an X (formerly Twitter) post on Thursday, that Bitcoin was poised to reach $135,000 after hitting a $30,000 mark at one point on Friday following rumors of BlackRock\u2019s Bitcoin ETF approval. Gold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop gold $3,700. Bitcoin testing $30,000. Next stop Bitcoin $135,000. Silver from $23 to $68 an ounce. Savers of fake dollars F\u2019d. Please tell your friends to \u201cWake up.\u201d\u2026 \u2014 Robert Kiyosaki (@theRealKiyosaki) October 20, 2023 With recent predictions suggesting that Bitcoin could gain back its bullish momentum if it surpasses the crucial $30,000 mark, the crypto community found itself filled with hopes that the $30,000 could be sustained. However, at later periods on Friday, Bitcoin dropped back below $30,000 and presently it is trading at $29,714 according to CoinMarketCap.\u00a0 BTC market cap currently at $581 billion on the weekly chart: TradingView.com In his post, Kiyosaki also mentioned other investment assets like gold and silver which he believes would soon break resistance and gain more value. He urged people who hold or save \u201cfake\u201d US dollars to become more aware, possibly implying a negative outcome for these investments. \u201cGold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop gold $3,700. Bitcoin testing $30,000. Next stop Bitcoin $135,000. Silver from $23 to $68 an ounce,\u201d Kiyosaki stated. He added \u201cSavers of fake dollars F\u2019d. Please tell your friends to ‘Wake up.’ Take care.\u201d Kiyosaki Explains Inflation Strain On Lower Classes\u00a0 In a different post on Wednesday, Kiyosaki spoke on the topic of inflation. He stated that inflation has a high effect on the wealth gap, which is the economic disparity between the rich and the rest of the population.\u00a0 INfLATION makes the POOR &MIDDLE CLASS poorer because they work for & save dollars. Yet INFLATION makes the RICH RICHER. Why? Because today\u2019s rich work for & save Gold, Silver, & Bitcoin. \u2014 Robert Kiyosaki (@theRealKiyosaki) October 18, 2023 Kiyosaki stated that inflation had a crippling effect on the poor and middle class because they work and save US dollars, making them poorer and unable to accumulate wealth without challenges.\u00a0 Related Reading: Why Is Bitcoin SV (BSV) Up 63% Today? Find Out Here In contrast, he said that the rich get even more wealthy during inflation because they save valuable investment assets like Gold, Silver, and Bitcoin. This theory holds some weight seeing that the wealthy usually have more access to financial instruments and assets that appreciate during inflationary periods.\u00a0 \u201cINfLATION makes the POOR & MIDDLE CLASS poorer because they work for & save dollars. Yet INFLATION makes the RICH RICHER. Why? Because today\u2019s rich work for & save Gold, Silver, & Bitcoin,\u201d Kiyosaki stated.\u00a0 Featured image from The Daily Hodl<\/p>\n","protected":false},"author":594,"featured_media":556408,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-556405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"\nFinance Author Believes Bitcoin Is Headed To $135,000<\/title>\n<meta name=\"description\" content=\"The crypto community is buzzing with excitement after a renowned finance author predicts an impending Bullish outcome for Bitcoin. 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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