Highlights
Robert Kiyosaki, author of famous book “Rich Dad Poor Dad“, has consistently held his belief that Bitcoin is the solution for the worsening financial situation and banking crisis in the United States. He recommends everyone to buy Bitcoin, gold, and silver.
“Rich Dad Poor Dad” author Robert Kiyosaki has a new target for Bitcoin price as the crypto asset hits an all-time high of $69,200 this week. Wall Street and crypto experts such as Standard Chartered, Fundstrat’s Tom Lee, and Michael van de Poppe have predicted that BTC price can at least hit $100K in 2024.
Before Bitcoin even hit $69.2K ATH, Robert Kiyosaki predicted Bitcoin price to hit $100K in June this year, maintaining his bullish outlook on Bitcoin amid massive buying by spot Bitcoin ETFs.
In a new post on X, he said Bitcoin’s next stop is $300K in 2024. He claims procrastinating is the biggest mistake people are making. It is “important to start, even if only for $500,” he adds.
Also this week, William Quigley, co-founder of Tether, predicted BTC price to hit $300K in a commentary on CNBC’s ‘Squawk on the Street’. Quigley explained the fundamental analysis of money flows into Bitcoin amid rising institutional and retail investment within the crypto market.
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Popular analyst Michael van de Poppe thinks “We’re close to the end of the pre-halving rally for Bitcoin.” He predicts macroeconomic data to impact the ongoing rally this month, but BTC price will hit $70K amid liquidity concerns.
Meanwhile, CME Bitcoin open interest has hit a record high of $9.6 billion, as per CoinGlass. The total BTC futures open interest is at $30.88 billion on March 7.
BTC price trading range-bound in the past 24 hours, with the price currently trading above $66K. The 24-hour low and high are $64,855 and $67,637, respectively. Furthermore, the trading volume has decreased by 40% in the last 24 hours, indicating a decline in interest among traders.
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