- Kiyosaki purchased extra BTC and now, expects an additional rally in direction of $175k-$350k
- Pi Cycle High forecasted a possible market peak in September, close to $235k
Robert Kiyosaki, the creator of ‘Rich Dad, Poor Dad,’ has scooped up extra Bitcoin [BTC] after the world’s largest digital asset reclaimed $100k on the worth charts.
Kiyosaki is a long-time BTC advocate and has all the time urged his over 2M X (previously Twitter) followers to think about the cryptocurrency as an inflation hedge.
BTC to $175k?
Actually, he not too long ago predicted that Bitcoin might surge to $175k —$350k in 2025, which might clarify his latest further BTC positions. In his New 12 months message, he wrote,
“My price prediction for BITCOIN 2025: $175,000 to $350,000. Happy New Year”
Other than BTC, the creator has additionally championed asset diversification by together with silver and gold, citing financial mismanagement by key authorities establishments that make U.S dollar-based investments very dangerous proper now.
Supply: X
That being stated, his Bitcoin projection isn’t precisely far-fetched. Particularly because it falls inside the $150k-$250k vary anticipated by most analysts.
Actually, even one of many key market peak metrics, Pi Cycle High, marked $234k as a possible set off degree for an enormous correction and a probable bear market.
Supply: BM Professional
For these unfamiliar, the metric appropriately flagged earlier market peaks in 2013, 2017, and 2021. The sign triggers the market high when the 111-day shifting common (MA, orange) crosses the modified 365-day MA.
If the traits repeat and the everyday cycle patterns play out, the continued bull run might fizzle out by the top of Q3 2025 and usher in a bear part of prolonged correction.
Within the meantime, the Development-Primarily based Fibonacci Extension device, traced from the 2022 market backside, indicated that BTC might surge to $167k within the medium time period.
Supply: BTC/USD, TradingView
Value noting, nevertheless, that earlier than the wild run above $150k, most market pundits projected a possible native high in March earlier than a rebound in direction of a cycle peak later within the yr.
