Despite Bitcoin's current decline, advocates like Robert Kiyosaki, author of "Rich Dad Poor Dad," remain steadfast in their support.
Recently, Kiyosaki posted on X (formerly Twitter) urging people to seize the chance to buy Bitcoin at its current prices, suggesting it may be the last opportunity at these levels.
Kiyosaki highlighted “Uptober,” a term crypto enthusiasts use for October due to its history of Bitcoin price gains.
Indeed, Bitcoin has risen over 5% this month, peaking above $69,500, even as the broader crypto market remained mostly stagnant.
Kiyosaki has previously predicted that Bitcoin could hit $100,000 by year’s end, with a potential climb to $1 million by 2025.
Bitcoin has officially broken through the $121,000 level, rising 2.84% in the past 24 hours to hit $121,400, according to CoinMarketCap data.
Bitcoin has officially broken through the $121,000 level, rising 2.84% in the past 24 hours to hit $121,400, according to CoinMarketCap data.
Bitcoin soared to a new all-time high above $119,000 on July 13, extending its bullish momentum on the back of institutional accumulation, shrinking exchange reserves, and technical breakout patterns.
A major shift in the crypto cycle may be approaching as Bitcoin dominance (BTC.D) once again reaches critical long-term resistance.