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422: ‘RICH DAD, POOR DAD’ AUTHOR EXPLAINS WHY BITCOIN WILL SEE $50K NEXT YEAR! BTC FACES $600B CATALYST!
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
English - December 15, 2020 15:48 - 20 minutes - 10.3 MB - ★★★★ - 537 ratingsTechnology Education bitcoin binance bitcoinnews bitcoinnewstoday bitcoinprice bitmex blockchain btc btcnews crypto Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
The Bitcoin price is heading to $50,000 in 2021, says the best-selling author of 'Rich Dad, Poor Dad', Robert Kiyosaki.
Kiyosaki pinpointed that a “wall of institutional money” is coming to Bitcoin in 2021, which could push the BTC price up further.
The best-selling author who is also a real estate mogul and an investor in precious metals, has historically liked various stores of value including silver.
Based on the institutional inflow into Bitcoin, Kiyosaki noted that BTC below $20,000 is ideal, as $50,000 is the next target. He said:
“Glad I bought Bitcoin. Next stop $50k. Wall of institutional money coming 2021. Buy below $20k. If you missed Bitcoin, buy silver. Silver set to move due to AOC’s Green New Deal. America in trouble. Future bright for gold silver Bitcoin and entrepreneurs.”
If Bitcoin hits $50,000, its market cap would reach $928 million, which is around 10.3% of gold’s market cap compared to the current 2.9%.
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