{"id":568885,"date":"2024-01-10T21:00:40","date_gmt":"2024-01-10T21:00:40","guid":{"rendered":"https:\/\/wncen.com\/?p=568885"},"modified":"2024-06-11T08:34:02","modified_gmt":"2024-06-11T08:34:02","slug":"bitcoin-price-headed-for-150000","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-headed-for-150000\/","title":{"rendered":"Renowned Finance Author Says Bitcoin Price Is Headed For $150,000, Reveals Catalyst"},"content":{"rendered":"

Renowned finance author Robert Kiyosaki<\/span><\/a> has shared his thoughts on the future trajectory of the <\/span>Bitcoin price<\/span><\/a>. The author, who is no stranger to the crypto community, says that <\/span>Bitcoin could rise to $150,000<\/span><\/a> while revealing what will spark this significant price surge.\u00a0<\/span><\/p>\n

What Will Spark Bitcoin\u2019s Rise To $150,000<\/h2>\n

Kiyosaki hinted in a <\/span>post<\/span><\/a> on his X (formerly Twitter) platform that the <\/span>Spot Bitcoin ETFs<\/span><\/a> will be the catalyst for <\/span>Bitcoin\u2019s rise<\/span><\/a> to $150,000. He, however, didn\u2019t say exactly when Bitcoin will hit this price level as he only stated that it will happen soon. With this prediction, the author joins a growing list of persons who believe that <\/span>the approval<\/span><\/a> of these funds will be massive for Bitcoin.\u00a0<\/span><\/p>\n

Related Reading: Crypto Analyst Predicts Crypto Market To Reach $23 Trillion, XRP Price To Cross $13<\/a><\/div>\n

Kiyosaki, who authored the best-selling book \u2018Rich Dad, Poor Dad, also expressed his excitement at getting in on the <\/span>flagship crypto token early<\/span><\/a>. He expects Bitcoin\u2019s value to keep rising as he says he will keep buying adding more BTC to his portfolio. He also made a case for Gold and Silver as Inflation continues to be at a high. According to him, the only \u201closers\u201d are those who save \u201cfake fiat US dollars.\u201d<\/span><\/p>\n

The renowned author, who happens to be an advocate of financial literacy, has always been <\/span>outspoken about Bitcoin<\/span><\/a>. At one time, he <\/span>urged everyone<\/span><\/a> to invest in the crypto token to avoid becoming poorer due to the actions of the government. He had also <\/span>labeled Bitcoin<\/span><\/a> as the \u201cbest protection\u201d against a potential wave of hyperinflation.\u00a0<\/span><\/p>\n

\"Bitcoin<\/p>\n

BTC price at $45,555 | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
What Bitcoin Is Saying On the Charts<\/h2>\n
Crypto analyst Ali Martinez<\/span><\/a> has provided insight into Bitcoin\u2019s trajectory from a technical analysis angle. Martinez mentioned in a <\/span>post<\/span><\/a> on his X platform that Bitcoin has established a solid support zone at $42,000. This support level is said to be backed by <\/span>2.48 million addresses<\/span><\/a> holding over 1.12 million BTC.\u00a0<\/span><\/p>\n
Related Reading: Shiba Inu Breakout To $0.001? Rumored 9.25 Trillion SHIB Token Burn Could Be The Catalyst<\/a><\/div>\n
The analyst further stated that Bitcoin could potentially rise to <\/span>as high as $55,000<\/span><\/a> with no \u201cmajor supply zones in sight.\u201d However, the flagship crypto token will first need to breach the $48,000 resistance. Once that happens, on-chain data suggests \u201ca clear path ahead,\u201d Martinez says.\u00a0<\/span><\/p>\n
In a subsequent <\/span>post<\/span><\/a>, the analyst also offered a bearish narrative as Bitcoin\u2019s price could face a <\/span>major correction<\/span><\/a>. Martinez noted that the TD Sequential is currently flashing a sell signal on Bitcoin\u2019s weekly chart. This indicator is said to be forecasting a correction that could last one to four weeks before the crypto token resumes its uptrend.\u00a0<\/span><\/p>\n
At the time of writing, Bitcoin is trading at around $46,000, down over 1% in the last 24 hours according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0\u00a0<\/span><\/p>\n
Featured image from Ars Technica, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Renowned finance author Robert Kiyosaki has shared his thoughts on the future trajectory of the Bitcoin price. The author, who is no stranger to the crypto community, says that Bitcoin could rise to $150,000 while revealing what will spark this significant price surge.\u00a0 What Will Spark Bitcoin\u2019s Rise To $150,000 Kiyosaki hinted in a post on his X (formerly Twitter) platform that the Spot Bitcoin ETFs will be the catalyst for Bitcoin\u2019s rise to $150,000. He, however, didn\u2019t say exactly when Bitcoin will hit this price level as he only stated that it will happen soon. With this prediction, the author joins a growing list of persons who believe that the approval of these funds will be massive for Bitcoin.\u00a0 Related Reading: Crypto Analyst Predicts Crypto Market To Reach $23 Trillion, XRP Price To Cross $13 Kiyosaki, who authored the best-selling book \u2018Rich Dad, Poor Dad, also expressed his excitement at getting in on the flagship crypto token early. He expects Bitcoin\u2019s value to keep rising as he says he will keep buying adding more BTC to his portfolio. He also made a case for Gold and Silver as Inflation continues to be at a high. According to him, the only \u201closers\u201d are those who save \u201cfake fiat US dollars.\u201d The renowned author, who happens to be an advocate of financial literacy, has always been outspoken about Bitcoin. At one time, he urged everyone to invest in the crypto token to avoid becoming poorer due to the actions of the government. He had also labeled Bitcoin as the \u201cbest protection\u201d against a potential wave of hyperinflation.\u00a0 BTC price at $45,555 | Source: BTCUSD on Tradingview.com What Bitcoin Is Saying On the Charts Crypto analyst Ali Martinez has provided insight into Bitcoin\u2019s trajectory from a technical analysis angle. Martinez mentioned in a post on his X platform that Bitcoin has established a solid support zone at $42,000. This support level is said to be backed by 2.48 million addresses holding over 1.12 million BTC.\u00a0 Related Reading: Shiba Inu Breakout To $0.001? Rumored 9.25 Trillion SHIB Token Burn Could Be The Catalyst The analyst further stated that Bitcoin could potentially rise to as high as $55,000 with no \u201cmajor supply zones in sight.\u201d However, the flagship crypto token will first need to breach the $48,000 resistance. Once that happens, on-chain data suggests \u201ca clear path ahead,\u201d Martinez says.\u00a0 In a subsequent post, the analyst also offered a bearish narrative as Bitcoin\u2019s price could face a major correction. Martinez noted that the TD Sequential is currently flashing a sell signal on Bitcoin\u2019s weekly chart. This indicator is said to be forecasting a correction that could last one to four weeks before the crypto token resumes its uptrend.\u00a0 At the time of writing, Bitcoin is trading at around $46,000, down over 1% in the last 24 hours according to data from CoinMarketCap.\u00a0\u00a0 Featured image from Ars Technica, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":568904,"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":[428,656,679,1119,89185,1122,1144,78790,6664,14690],"class_list":["post-568885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-crypto","tag-crypto-news"],"acf":[],"yoast_head":"\nRenowned 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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. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Renowned Finance Author Says Bitcoin Price Is Headed For $150,000, Reveals Catalyst","url":"http:\/\/wncen.com\/news\/bitcoin-price-headed-for-150000\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-price-headed-for-150000\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-6.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-6.jpeg?fit=800%2C500"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin news","bitcoin price","btc","btc news","btc price","btcusd","btcusdt","crypto","crypto news"],"dateCreated":"2024-01-10T21:00:40Z","datePublished":"2024-01-10T21:00:40Z","dateModified":"2024-06-11T08:34:02Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Renowned Finance Author Says Bitcoin Price Is Headed For $150,000, Reveals Catalyst\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-price-headed-for-150000\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-price-headed-for-150000\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Bitcoin-6.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Bitcoin-6.jpeg?fit=800%2C500\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"btc\",\"btc news\",\"btc price\",\"btcusd\",\"btcusdt\",\"crypto\",\"crypto news\"],\"dateCreated\":\"2024-01-10T21:00:40Z\",\"datePublished\":\"2024-01-10T21:00:40Z\",\"dateModified\":\"2024-06-11T08:34:02Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-6.jpeg?fit=800%2C500","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/568885"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=568885"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/568885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/568904"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=568885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=568885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=568885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}