Robert Kiyosaki Decides to Buy Bitcoin Above $117,000
Robert Kiyosaki, the famous author of the bestseller “Rich Dad, Poor Dad,” has decided to buy Bitcoin at a price above $117,000.
Andre Dragos, head of research at crypto fund manager Bitwise, recently pointed out a lack of retail demand for BTC, mainly due to its high price, which is currently around $122,000. However, Kiyosaki is not afraid to take risks and continues investing in cryptocurrency.
“Bitcoin is over $117,000. I’m going to buy another coin as soon as possible. Please, study and figure out if BTC is right for making you a millionaire. Stay safe. I love my Bitcoin, every single one,” wrote Robert.
Today, the BTC price has once again reached a new all-time high. At first glance, it might seem that Kiyosaki bought the coin too expensively. However, historical data spanning over a decade suggests the digital asset’s price is still far from its ultimate peak.
Technical analyst JDK Analysis has charted Bitcoin’s logarithmic growth curves, mapping its price trajectory using logarithmic functions. His conservative forecast predicts BTC could reach $190,000, while the optimistic scenario points to $280,000. This means that buying Bitcoin at current levels could yield a return of 58% or more.
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