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The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has long supported alternative assets like gold, silver, and, more recently, Bitcoin. By emphasising financial education, Kiyosaki has continuously cautioned against fiat currencies and conventional financial systems, promoting assets that are resilient to inflation and economic downturns.
His most recent remarks regarding Bitcoin highlight his conviction that cryptocurrency has the capacity to completely transform the financial industry, and he exhorts investors to seize what he perceives to be a significant opportunity.
Robert Kiyosaki Predicts Bitcoin ‘Blast-Off’ in Uptober
Famed author and investor Robert Kiyosaki has made another bold statement regarding Bitcoin, urging investors to act swiftly before prices soar. In a recent post on his X (Twitter) account, Kiyosaki emphasized the significance of “Uptober,” advising his followers that now is the time to either buy more Bitcoin or miss out on the opportunity.
Crypto enthusiasts often refer to October as “Uptober” due to the trend of Bitcoin and other cryptocurrencies experiencing notable price gains during this month.
Historically, October has been a bullish period for Bitcoin, with price surges that have earned it a reputation for being favourable to investors. In his statement, Kiyosaki highlighted this trend, suggesting that Bitcoin is on the verge of a major breakout.
Bitcoin’s Price Actions
Currently, Bitcoin is trading at $67,341.67, showing a modest 0.28% rise in the past 24 hours and a 6.79% increase over the last month. Despite not reaching its all-time high, Bitcoin’s performance in October continues to support its “Uptober” moniker, reflecting the anticipation of further growth.
Bitcoin remains the leader of the cryptocurrency market, with a current global market cap of $1.33 trillion. Over the past 24 hours, trading volume has surged by 16.07%, further demonstrating strong interest in the asset.
Kiyosaki’s latest comments follow his earlier prediction that Bitcoin will hit $100,000 by the end of the year. He has also forecasted a more dramatic rise, suggesting Bitcoin could reach $1 million by 2025.