{"id":31289,"date":"2023-10-21T13:52:53","date_gmt":"2023-10-21T17:52:53","guid":{"rendered":"http:\/\/cryptocornercafe.com\/cafe\/?p=31289"},"modified":"2023-10-21T13:52:53","modified_gmt":"2023-10-21T17:52:53","slug":"why-this-renowned-finance-author-believes-bitcoin-is-headed-to-135000","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2023\/10\/21\/why-this-renowned-finance-author-believes-bitcoin-is-headed-to-135000\/","title":{"rendered":"Why This Renowned Finance Author Believes Bitcoin Is Headed To $135,000"},"content":{"rendered":"<p>The crypto community is buzzing with excitement after a renowned finance author predicts an impending Bullish outcome for Bitcoin. The words of the respected financial figure have raised questions and discussions across the crypto community.\u00a0<\/p>\n<h2>Rich Dad Poor Dad Author Sees Bitcoin Rising\u00a0<\/h2>\n<p>Japanese-American entrepreneur and author of the famous Rich Dad Poor Dad book, Robert T. Kiyosaki recently stated in an X (formerly Twitter) <a href=\"https:\/\/x.com\/therealkiyosaki\/status\/1715415782946115751?s=46\" target=\"_blank\" rel=\"noopener\">post<\/a> on Thursday, that Bitcoin was poised to reach $135,000 after hitting a <a href=\"https:\/\/bitcoinist.com\/bitcoin-price-about-to-hit-30k-today\/\" target=\"_blank\" rel=\"noopener\">$30,000 mark<\/a> at one point on Friday following rumors of <a href=\"https:\/\/bitcoinist.com\/pro-xrp-lawyer-dont-trust-sec\/\" target=\"_blank\" rel=\"noopener\">BlackRock\u2019s Bitcoin ETF approval.<\/a><\/p>\n<p>Gold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop gold $3,700. Bitcoin testing $30,000. Next stop Bitcoin $135,000. Silver from $23 to $68 an ounce. Savers of fake dollars F\u2019d. Please tell your friends to \u201cWake up.\u201d\u2026<\/p>\n<p>\u2014 Robert Kiyosaki (@theRealKiyosaki) <a href=\"https:\/\/twitter.com\/theRealKiyosaki\/status\/1715415782946115751?ref_src=twsrc%5Etfw\">October 20, 2023<\/a><\/p>\n<p>With recent <a href=\"https:\/\/bitcoinist.com\/crypto-analysts-bitcoin-price-real-spot-etf\/\" target=\"_blank\" rel=\"noopener\">predictions<\/a> suggesting that Bitcoin could gain back its <a href=\"https:\/\/bitcoinist.com\/is-bitcoin-fighting-crucial-levels-or-winning\/\" target=\"_blank\" rel=\"noopener\">bullish momentum<\/a> if it surpasses the crucial $30,000 mark, the crypto community found itself filled with hopes that the <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-price-surges-past-29400-here-s-why\/\" target=\"_blank\" rel=\"noopener\">$30,000 could be sustained<\/a>. However, at later periods on Friday, Bitcoin dropped back below $30,000 and presently it is trading at $29,714 according to CoinMarketCap.\u00a0<\/p>\n\n<p>In his post, Kiyosaki also mentioned other investment assets like <a href=\"https:\/\/bitcoinist.com\/bitcoin-and-gold-revisit-august-peaks\/\" target=\"_blank\" rel=\"noopener\">gold<\/a> and silver which he believes would soon break resistance and gain more value. He urged people who hold or save \u201cfake\u201d US dollars to become more aware, possibly implying a negative outcome for these investments.<\/p>\n<p>\u201cGold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop gold $3,700. Bitcoin testing $30,000. Next stop Bitcoin $135,000. Silver from $23 to $68 an ounce,\u201d Kiyosaki stated.<\/p>\n<p>He added \u201cSavers of fake dollars F\u2019d. Please tell your friends to \u2018Wake up.\u2019 Take care.\u201d<\/p>\n<h2>Kiyosaki Explains Inflation Strain On Lower Classes\u00a0<\/h2>\n<p>In a different <a href=\"https:\/\/x.com\/therealkiyosaki\/status\/1714475286702723370?s=46\">post<\/a> on Wednesday, Kiyosaki spoke on the topic of <a href=\"https:\/\/bitcoinist.com\/us-cpi-annual-inflation-sits-at-3-7-above-estimates-any-impact-on-monero-xmr-avalanche-avax-and-everlodge-eldg\/\" target=\"_blank\" rel=\"noopener\">inflation<\/a>. He stated that inflation has a high effect on the wealth gap, which is the economic disparity between the rich and the rest of the population.\u00a0<\/p>\n<p>INfLATION makes the POOR &amp;MIDDLE CLASS poorer because they work for &amp; save dollars. Yet INFLATION makes the RICH RICHER. Why? Because today\u2019s rich work for &amp; save Gold, Silver, &amp; Bitcoin.<\/p>\n<p>\u2014 Robert Kiyosaki (@theRealKiyosaki) <a href=\"https:\/\/twitter.com\/theRealKiyosaki\/status\/1714475286702723370?ref_src=twsrc%5Etfw\">October 18, 2023<\/a><\/p>\n<p>Kiyosaki stated that inflation had a crippling effect on the poor and middle class because they work and save US dollars, making them poorer and unable to accumulate wealth without challenges.\u00a0<\/p>\n<p>In contrast, he said that the rich get even more wealthy during inflation because they save valuable investment assets like Gold, Silver, and <a href=\"https:\/\/bitcoinist.com\/bitcoin-price-ellison-sbfs-plot-to-suppress-btc-20k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. This theory holds some weight seeing that the wealthy usually have more access to financial instruments and assets that appreciate during inflationary periods.\u00a0<\/p>\n<p>\u201cINfLATION makes the POOR &amp; MIDDLE CLASS poorer because they work for &amp; save dollars. Yet INFLATION makes the RICH RICHER. Why? Because today\u2019s rich work for &amp; save Gold, Silver, &amp; Bitcoin,\u201d Kiyosaki stated.\u00a0<\/p>\n<p><em>Featured image from The Daily Hodl<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p>The crypto community is buzzing with excitement after a renowned finance author predicts an impending Bullish outcome for Bitcoin. The words of the respected financial figure have raised questions and discussions across the crypto community.\u00a0<\/p>\n<h2>Rich Dad Poor Dad Author Sees Bitcoin Rising\u00a0<\/h2>\n<p>Japanese-American entrepreneur and author of the famous Rich Dad Poor Dad book, Robert T. Kiyosaki recently stated in an X (formerly Twitter) <a href=\"https:\/\/x.com\/therealkiyosaki\/status\/1715415782946115751?s=46\" target=\"_blank\" rel=\"noopener\">post<\/a> on Thursday, that Bitcoin was poised to reach $135,000 after hitting a <a href=\"https:\/\/bitcoinist.com\/bitcoin-price-about-to-hit-30k-today\/\" target=\"_blank\" rel=\"noopener\">$30,000 mark<\/a> at one point on Friday following rumors of <a href=\"https:\/\/bitcoinist.com\/pro-xrp-lawyer-dont-trust-sec\/\" target=\"_blank\" rel=\"noopener\">BlackRock\u2019s Bitcoin ETF approval.<\/a><\/p>\n<p>Gold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop gold $3,700. Bitcoin testing $30,000. Next stop Bitcoin $135,000. Silver from $23 to $68 an ounce. Savers of fake dollars F\u2019d. Please tell your friends to \u201cWake up.\u201d\u2026<\/p>\n<p>\u2014 Robert Kiyosaki (@theRealKiyosaki) <a href=\"https:\/\/twitter.com\/theRealKiyosaki\/status\/1715415782946115751?ref_src=twsrc%5Etfw\">October 20, 2023<\/a><\/p>\n<p>With recent <a href=\"https:\/\/bitcoinist.com\/crypto-analysts-bitcoin-price-real-spot-etf\/\" target=\"_blank\" rel=\"noopener\">predictions<\/a> suggesting that Bitcoin could gain back its <a href=\"https:\/\/bitcoinist.com\/is-bitcoin-fighting-crucial-levels-or-winning\/\" target=\"_blank\" rel=\"noopener\">bullish momentum<\/a> if it surpasses the crucial $30,000 mark, the crypto community found itself filled with hopes that the <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-price-surges-past-29400-here-s-why\/\" target=\"_blank\" rel=\"noopener\">$30,000 could be sustained<\/a>. However, at later periods on Friday, Bitcoin dropped back below $30,000 and presently it is trading at $29,714 according to CoinMarketCap.\u00a0<\/p>\n<p>In his post, Kiyosaki also mentioned other investment assets like <a href=\"https:\/\/bitcoinist.com\/bitcoin-and-gold-revisit-august-peaks\/\" target=\"_blank\" rel=\"noopener\">gold<\/a> and silver which he believes would soon break resistance and gain more value. He urged people who hold or save \u201cfake\u201d US dollars to become more aware, possibly implying a negative outcome for these investments.<\/p>\n<p>\u201cGold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop gold $3,700. Bitcoin testing $30,000. Next stop Bitcoin $135,000. Silver from $23 to $68 an ounce,\u201d Kiyosaki stated.<\/p>\n<p>He added \u201cSavers of fake dollars F\u2019d. Please tell your friends to \u2018Wake up.\u2019 Take care.\u201d<\/p>\n<h2>Kiyosaki Explains Inflation Strain On Lower Classes\u00a0<\/h2>\n<p>In a different <a href=\"https:\/\/x.com\/therealkiyosaki\/status\/1714475286702723370?s=46\">post<\/a> on Wednesday, Kiyosaki spoke on the topic of <a href=\"https:\/\/bitcoinist.com\/us-cpi-annual-inflation-sits-at-3-7-above-estimates-any-impact-on-monero-xmr-avalanche-avax-and-everlodge-eldg\/\" target=\"_blank\" rel=\"noopener\">inflation<\/a>. He stated that inflation has a high effect on the wealth gap, which is the economic disparity between the rich and the rest of the population.\u00a0<\/p>\n<p>INfLATION makes the POOR &amp;MIDDLE CLASS poorer because they work for &amp; save dollars. Yet INFLATION makes the RICH RICHER. Why? Because today\u2019s rich work for &amp; save Gold, Silver, &amp; Bitcoin.<\/p>\n<p>\u2014 Robert Kiyosaki (@theRealKiyosaki) <a href=\"https:\/\/twitter.com\/theRealKiyosaki\/status\/1714475286702723370?ref_src=twsrc%5Etfw\">October 18, 2023<\/a><\/p>\n<p>Kiyosaki stated that inflation had a crippling effect on the poor and middle class because they work and save US dollars, making them poorer and unable to accumulate wealth without challenges.\u00a0<\/p>\n<p>In contrast, he said that the rich get even more wealthy during inflation because they save valuable investment assets like Gold, Silver, and <a href=\"https:\/\/bitcoinist.com\/bitcoin-price-ellison-sbfs-plot-to-suppress-btc-20k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. This theory holds some weight seeing that the wealthy usually have more access to financial instruments and assets that appreciate during inflationary periods.\u00a0<\/p>\n<p>\u201cINfLATION makes the POOR &amp; MIDDLE CLASS poorer because they work for &amp; save dollars. Yet INFLATION makes the RICH RICHER. Why? Because today\u2019s rich work for &amp; save Gold, Silver, &amp; Bitcoin,\u201d Kiyosaki stated.\u00a0<\/p>\n<p><em>Featured image from The Daily Hodl<\/em><\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-31289","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/31289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=31289"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/31289\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=31289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=31289"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=31289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}