Rich Dad Poor Dad author Robert Kiyosaki has in recent months been outspoken about his stance on the government bailouts. Kiyosaki has condemned the bailouts and the government’s continued printing of the U.S Dollar.
This as many have noted continues to devalue the dollar and cause more harm than good. The author has since embraced Gold, Silver, and Bitcoin.
His advice to those listening has been buying these assets and dumping the U.S Dollar. He has made clear that the Dollar and the economy are dying. Now he says is not the time to save but a time to hedge.
What better way but to do so than buy Bitcoin especially with the free money.
Time To Buy Bitcoin?
This weekend, Kiyosaki has repeated his message. He has gone further to tag a price prediction for Bitcoin. He predicted that Bitcoin will reach $75,000 in the next three years.
The author further confirmed that he is buying up some more Bitcoin seeing how incompetent the government has become.
Kiyosaki’s prediction is conservative in comparison to other analysts like Anthony Pompliao and PlanB. These analysts expect Bitcoin to reach $100,000 in 2021.
The $75K prediction comes hours just after Elon Musk reaffirmed his interest in Bitcoin. On top of confirming he still owns Bitcoin, he stated he is backing it over the current financial system.
Musk comments came on a Twitter crypto rampage when Harry Potter author J.K Rowling expressed his curiosity over Bitcoin.
Regardless of the difference in price position, it is clear that the current financial system looks set to be replaced using Bitcoin.
Higher Lows Signal More Gains To Come
Bitcoin has steadily begun to climb after successfully holding above $9,400 during the weekend. The bull’s success to keep Bitcoin above higher lows is positive and signals gains in the coming days.
At the time of writing this, the digital asset is exchanging for $9,700 after gaining around 3%.
In the coming days, Bitcoin is looking to break above the $9,800 resistances before making a run for $10,000.
If the bulls can keep up the momentum at the start of the week, we could see Bitcoin close the week close or above $10,000.
6,604 total views, 2 views today