Claim $500Rich Dad Poor Dad Author: Bitcoin to Hit $120k, Backs BRICS Gold-Backed Crypto
Renowned author and financial educator Robert Kiyosaki, known for his book “Rich Dad Poor Dad,” predicts Bitcoin to reach $120,000 in the near future. This projection aligns with Standard Chartered Bank’s forecast of BTC hitting $50,000 this year and $120,000 by the end of 2024. Meanwhile, the BRICS nations, led by Russia, are exploring the introduction of a gold-backed cryptocurrency as an alternative to the U.S. dollar.
Robert Kiyosaki’s Bitcoin Prediction
Robert Kiyosaki recently took to Twitter to express his bullish stance on Bitcoin. According to Kiyosaki, he expects the price of Bitcoin to surge to $120,000 in the coming year.
August 22, 2023, in Johannesburg, South Africa, BRICS nations announce gold backed crypto. US $ will die. Trillions of US $ rush home. Inflation through the roof. Buy Gold, Silver. Bitcoin to $120k next year.
BRICS nations (Brazil, Russia, India, China, and South Africa) are actively exploring the launch of a gold-backed cryptocurrency to challenge the U.S. dollar’s global dominance and explore alternative financial systems. The Russian Embassy in Kenya announced that discussions are underway to introduce a new trading currency backed by gold.
Also Read: Binance’s New IEO Project Arkham Faces Backlash for Data Privacy
BTC To The Moon?
Adding weight to the positive outlook for Bitcoin, Standard Chartered Bank has made its own projections, as CoinGape reported. The bank forecasts Bitcoin to reach $50,000 by the end of this year and rise to $120,000 by the close of 2024.
Robert Kiyosaki has remain solid on his stance on an impending economic crash, which he suggested could be hedged against by investing in assets like Bitcoin, Gold & Silver. BTC is currently trading at $30,553.28, a 1.50% increase within the past 24 hours. Despite fluctuations, BTC’s price movement has remained within a relatively narrow range, with the 24-hour low recorded at $30,049.83 and the high at $31,026.08.
The trading volume during this period has reached $15,071,741,562, a 69% increase in the same time period.
Also Read: Bitcoin Price Must Clear This Resistance To Regain Bullish Momentum – Bulls Set Eyes On $48k
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Trump Media Invests $40M in Bitcoin as Incoming CFTC Chair Signals Crypto Clarity Act Push in January
- Aave DAO Saga Deepens as Alignment Proposal Moves to Snapshot; AAVE Price Down 7%
- Fed’s Stephen Miran Urges More Rate Cuts In 2026 To Avoid U.S. Recession
- Breaking: $4T JPMorgan Explores Crypto Trading for Institutional Clients as U.S. Banks Embrace Crypto
- Bitcoin and Ethereum ETPs See $1B in Outflows as Institutions Rotate into XRP
- Bitcoin Price Prediction As Michael Saylor Pauses BTC Purchase- Is A Fall to $74k Imminent?
- Aster launched Phase 5 Buyback Program Allocating 80% Fees. Will ASTER Price Rally?
- XRP Price Prediction: Rare Bullish Patterns Align With Powerful Catalysts
- Weekly Crypto Price Prediction: Bitcoin, Ethereum, and XRP as Market Momentum Builds
- Will Solana Price Hit $150 as Mangocueticals Partners With Cube Group on $100M SOL Treasury?
- SUI Price Forecast After Bitwise Filed for SUI ETF With U.S. SEC – Is $3 Next?
