“Rich Dad Poor Dad” Author Announces Bitcoin Buying Spree Before the Bitcoin Halving Event
Sophia Cruz•Monday, March 25, 2024•1 min read
Bitcoin (BTC) along with other cryptocurrencies experienced gains on Monday, with BTC trading at higher levels, after a broader correction that shook the crypto market.
Earlier today, Bitcoin (BTC) surged by 4%, reaching $67,000, with the biggest crypto recently trading as high as near $68,000. Over a week ago, Bitcoin (BTC) reached a historic new ATH of over $73,300 but declined a few days after.
At this stage, Bitcoin is gradually returning to its peak levels due to various factors. One such is the consistent demand for spot Bitcoin ETFs and the upcoming halving event in April.
As Bitcoin (BTC) continues to build its momentum, huge Bitcoin investors are taking advantage of buying Bitcoins before the halving event.
“Rich Dad Poor Dad” Author and renowned investor Robert Kiyosaki has revealed his plans to buy 10 more Bitcoin before April, attributing his decision primarily to the upcoming Bitcoin halving event. Kiyosaki believes that the Bitcoin halving event indicates his bullish outlook for the largest crypto.
Kyosaki also advised that anyone who is unable to afford an entire Bitcoin should try buying fractions of it, such as 1/10 of a coin, through spot Bitcoin ETFs or Satoshi’s. This advice aligns with his conviction that owning Bitcoin, even in smaller portions, has the potential to generate profits in the long run.
Aside from his plans to increase his BTC holdings, Kiyosaki also shared his long-term BTC price prediction. According to his prediction, Bitcoin (BTC) will most likely reach $100,000 by September 2024. Kiyosaki also advised his followers to increase their exposure to gold and silver, apart from Bitcoin.
Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.