Robert Kiyosaki, the author of ‘Rich Dad Poor Dad,’ brings forth crazy Bitcoin price predictions amid confusion over Bitcoin ETF approval. The last few weeks have seen a big turmoil in the crypto arena with BTC fortunes being buoyed by the possibility of the SEC approving the BTC application for the ETF. BTC values had seen a bullish trend and had once reached the $49K level, with a real possibility that it could soon breach the $50K levels. However, most of the forecasts are unfounded, and when the last news came in, BTC’s value was hovering around $45,954.62, and there is even more bad news. The SEC has stated that no decision has been made on the Bitcoin ETF application.
The start of this debate happened when, in a strange turn of events, the SEC’s official X account was hit by a security breach, and an unauthorized post claimed that the SEC had okayed the launch of the Bitcoin ETF. However, SEC Chairman Gary Gensler quickly issued a clarification, and the misleading post has since been deleted.
Notably, Robert Kiyosaki, the acclaimed author of the best-selling book “Rich Dad Poor Dad,” reacted to the news with highly optimistic predictions and predicted that the value of BTC could touch $150K in the future. He was also smug in satisfaction that he had invested in the first and the top crypto asset to come into existence.
The BTC enthusiast also said that people who have invested in the yellow metal can reap big profits and said that the price is bound to go up because of central banks accumulating and holding the precious metal. Kiyosaki, however, was quick to highlight the fact that falling silver prices are an opportunity for the whales to make a killing and hoard and buy silver to offload it when the tidings are more favorable. Kiyosaki had once predicted that Bitcoin’s price could soar to an extraordinary $1 million. Therefore, his predictions must be taken with a pinch of salt.
The fate of BTC depends upon the SEC, and if BTC is able to pull off the coup and get an approval for its ETF, all will be well. But what if it is unsuccessful? A tantalizing question.
Disclaimer: The information on Robert Kiyosaki’s Bitcoin predictions and investments is for informational purposes only. Cryptocurrency investments, including Bitcoin, are highly volatile and subject to market risks. Readers should conduct their own research and seek professional advice before making investment decisions. The content does not constitute financial advice, and the author and platform do not endorse specific strategies. Cryptocurrency investments carry inherent risks, and individuals should be aware of the potential for significant financial losses. The accuracy of the information is not guaranteed, and the author and platform are not liable for any losses incurred based on the provided information.
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