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Bitcoin (BTC), the main cryptocurrency, has been experiencing a resurgence within the crypto market, marked by bullish reversals throughout the board.
Amidst this market exercise, Robert Kiyosaki, the famend writer of “Wealthy Dad Poor Dad,” has unveiled a daring new value goal for the cryptocurrency. Kiyosaki’s prediction comes as he highlights the potential influence of the BRICS alliance’s adoption of the gold customary and their doubtless announcement of a gold-backed crypto within the close to future.
This information has reinvigorated Kiyosaki’s unwavering confidence in Bitcoin and its long-term funding potential.
BRICS Gold-Backed Crypto Announcement Poses Potential Paradigm Shift
In his current Twitter put up, Kiyosaki makes a daring prediction on the dominant cryptocurrency, Bitcoin as BRICS, now adopts that gold-backed crypto, he asserts this could be a superb omen for the main coin.
“August 22, 2023, in Johannesburg, South Africa, BRICS nations announce gold backed crypto. US $ will die. Trillions of US $ rush house. Inflation by the roof. Purchase Gold, Silver. Bitcoin to $120k subsequent yr,” Kiyosaki mentioned.
August 22, 2023, in Johannesburg, South Africa, BRICS nations announce gold backed crypto. US $ will die. Trillions of US $ rush house. Inflation by the roof. Purchase Gold,Silver. Bitcoin to $120k subsequent yr.
— Robert Kiyosaki (@theRealKiyosaki) July 11, 2023
Kiyosaki attracts consideration to the BRICS alliance’s strikes in direction of adopting the gold customary, signaling a possible shift within the valuation of the US greenback (USD).
He predicts that the BRICS international locations are prone to unveil a gold-backed cryptocurrency subsequent month, which may problem the established order and have far-reaching implications for the USD. Because the USD faces potential devaluation, Kiyosaki advises his followers to think about different investments similar to gold and silver to safeguard towards the anticipated surge in inflation.
BTC value holds $30,600 assist | Supply: BTUCSD on TradingView.com
Bitcoin’s Ascension: Kiyosaki Units Worth Goal at $120,000
Regardless of current occasions which have shaken the boldness of mainstream buyers in Bitcoin, Kiyosaki stays a steadfast supporter of the main digital forex. Identified for his confirmed theories on market developments and funding methods, Kiyosaki’s newest proclamation bolsters Bitcoin’s prospects. He predicts that Bitcoin’s value may attain a powerful $120,000 by the next yr. Together with his unwavering religion in Bitcoin, Kiyosaki maintains his repute as a trusted voice within the funding neighborhood, inspiring many to think about the potential long-term positive aspects of the cryptocurrency.
Kiyosaki will not be the one one with such a prediction, as Customary Chartered Financial institution, a famend world establishment, initiatives a surge in BTC’s worth. Analysts on the financial institution anticipate Bitcoin to achieve $50,000 by the yr’s finish, producing pleasure amongst buyers.
Wanting forward, the financial institution predicts an much more staggering determine, with BTC probably hovering to $120,000 by 2024.
BTC’s present buying and selling value stands at $30,553.28, demonstrating its resilience and rising enchantment. With a comparatively slender buying and selling vary, BTC reached a low of $30,049.83 and a excessive of $31,026.08 inside the previous 24 hours.
Stability inside this vary presents an attractive alternative for buyers to watch Bitcoin’s efficiency, anticipating potential breakouts.
Featured picture from iStock, chart from TradingView.com
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