Robert Kiyosaki, author of the best-selling financial book “Rich Dad Poor Dad,” has once again made a bullish case for bitcoin price. On Sunday, he took to X (formerly Twitter) to declare, “BITCOIN to $100k by June 2024.” This bullish forecast further cements his position as a prominent advocate for cryptocurrency and “hard assets” like gold and silver.

Kiyosaki’s stance aligns with his long standing criticism of the Federal Reserve and its monetary policies. He frequently accuses the Fed of harming the economy and favoring the wealthy. In a previous tweet, he stated, “Don’t Fight the Fed? I say ‘F the Fed.’ Buy gold, silver, Bitcoin.”

This criticism extends to traditional financial advisors, who Kiyosaki claims steered clients away from Bitcoin and other hard assets to earn commissions. He recently celebrated a perceived shift in their stance, suggesting they are finally warming up to Bitcoin’s potential.

Read of this topic here: https://cryptonews.com/news/bitcoin-price-to-hit-100k-by-june-predicts-robert-kiyosaki.htm





I would consider Robert Kiyosaki one of the most visible and strong supporter of Bitcoin and he has been on the news lately promoting assets considered to be safe haven like BTC, gold and silver in case something wrong could happen with the USA economy which can drag the global economy to a halt and running away inflation coming in. Belonging to the older generation which we assumed can be reluctant to take in Bitcoin as an investment asset, he is spewing warnings on what can be and telling people to safeguard their wealth by buying and owning Bitcoin - as well as gold and silver, of course. With his $100K prediction, I think that it is very much doable right after halving and ETFs still a big force in the market. What is your take on this man's predicting power?

Sparks flew this week at the Bloomberg New Economy Forum as political heavyweight Hilary Clinton squared off against crypto advocate Mike Novogratz, CEO of Galaxy Digital, over the fate of the US dollar. The fiery exchange centered on Bitcoin’s potential role in de-dollarization, a trend where countries reduce reliance on the greenback for international transactions.

The former Secretary of State fired the first shot, warning that Bitcoin’s rise could “undermine the Dollar as a reserve currency,” citing its influence on de-dollarization efforts like those by the BRICS Group. This echoed growing concerns about the dollar’s long-term dominance, fueled by factors like geopolitical tensions and rising US debt.

Source: https://coinmarketcap.com/community/articles/65c91ee96fbd8439f8241fbd/



In my analysis, we can finally say that those in the top are now feeling the possible de-dollarization phenomenon where the USA Dollar is going to lost its revered status as the global reserve currency used in almost all international transactions between countries and people. Once this can happen, then we can see the standard of living of most Americans plummet considerably and the country's international leadership and hegemony slashed dramatically. But is Bitcoin a culprit for this? That seems to be what convinces the former first lady and failed presidential candidate Hillary Clinton is telling others in that Bloomberg forum. Good to see Mike Novogratz, CEO of Galaxy Digital, a known Bitcoin supporter and promoter, counteracting what Hillary just presented. Personally, I do agree that to some level Bitcoin can be affecting the dominance of the dollar but not as much as what reckless politicians in Washington are doing and not as much as printing money and spending billions for other others can do. I do believe that Bitcoin can even be helping the country and its economy in more ways than one. Do you think it is good to see Bitcoin pitted against the dollar or is there even a merit with this debate?

The Bitcoin halving event is a significant occurrence in the cryptocurrency calendar, and the BTC halving date 2024 holds the potential to be particularly noteworthy. Understanding the impact of halvings on Bitcoin’s perceived value is crucial for comprehending how the industry responds to external influences.

The significance of the BTC halving date 2024 is underscored by industry challenges since the previous halving. These challenges include a global pandemic, surging inflation, geopolitical conflicts, regulatory hostility, and the significant setbacks experienced by some of the industry’s major companies.

Previous halving events have witnessed both pre-halving rallies and subsequent price surges in the months and years following the event. However, it is crucial to note that many factors influence BTC’s price and are not solely determined by halving events.

Source: https://cryptomode.com/education/btc-halving-date-2024/




The years leading to 2024 were years of great significance to humanity as the global population experienced many big challenges and problems and in this year we are still feeling the effects of them all. The world has not yet retuned to its previous self and there is a big chance that we are now entering a different era and into a different direction. Amidst this seemingly bleak situation, the cryptocurrency industry is also adversely affected by events and even by people and to some extent positively impacted as many look at Bitcoin and other coins as safe haven for their assets.

Now that halving is coming in around April, one could only wonder if this single event can trigger for the bullish market that we are all hoping for or would it just be another "sell the news" kind of thing and so we are left disappointed?

In the span of between Jan, 20 to Jan. 27, 2024, there was notable decline in the sales volume stemming from non-fungible tokens (NFTs), plunging 21.25% from the week before. The leading blockchains in seven-day sales, Ethereum and Bitcoin, experienced substantial decreases, ranging from 28.78% to 12.62%, respectively.

This week marked the steepest decline in 2024, with sales plunging 21% compared to the previous seven days. According to metrics from cryptoslams.io, the total amounted to $228,327,660.

Source: https://news.bitcoin.com/2024-sees-steepest-weekly-plunge-in-nft-sales-5-major-blockchains-register-double-digit-losses/


Personally, I don't own any NFT and I am not so much interested with them...all I because I am not seeing a big value on the said asset. Of course, this opinion of mine is contrary to many who love NFTs and are actively trading them for some profits. The lack of use-cases attributed to my adamant stand on NFT. As to the decline of the NFT market, I am saying that this can just be temporary and since 2024 is just starting it would be not wise to conclude that this is not going to be the year for NFT too.

What about you...how do you view the future of NFT...will it be bright and prosperous or will its light be clobbered by the lack of interest from the market? I am interested with your views on this matter.

I can feel in my veins that the whole cryptocurrency industry is on the verge of a big bull run in 2024 as an offshoot of the Bitcoin halving and ETF approval. Now, while there are still some days left in 2023, I think this is the right time to accumulate more altcoins that got the big potential to also make a soaring upward movements next year.

I already have Ethereum, XRP and Litecoin on my portfolio...so I am looking for at least three more to be added. What would you recommend to me?

I am not sure if this can be a good source of rejoicing for me but there is a big news that Sam Bankman Fried has finally been arrested in the Bahamas after the indictment for him in the USA and can soon be extradited to face many criminal charges related to his time in his own FTX empire. The hands of the law has been moving slowly in this case but nevertheless it is moving, anyway. I am looking forward that he will eventually be serving time and that important details of the FTX mismanagement and abuses can be exposed in the court.

Good luck to Sam...and his popular and expensive lawyer...am sure that his team will be making all they can to picture Sam to be the victim and not the perpetrator of many bad developments in FTX.

As of this moment that am writing this thread, Bitcoin is standing at more than $17K - to be specific now at $17,370. And this actually very good considering  that days ago it touched the low point of $15K. personally, this is making me sad because when BTC got into $16,300 I sold my little and experimental BTC at Binance for a gain of just $9...never expecting that from then on it would be moving to the $17K zone and staying there for some two or three days.

Now, the question is: Do you think BTC can be hold on to this level or will it then start to make a good upward moves towards more? Or will it be going south again?