- Robert Kiyosaki added Bitcoin as the price neared the historic $119K high.
- Bitcoin eyes $1 million target amid growing investor confidence.
- Market analysts predict the next Bitcoin surge could reach $135,000.
Robert Kiyosaki, author of Rich Dad Poor Dad, has revealed he is buying more Bitcoin as the asset pushes toward a new all-time high. The bestselling author described Bitcoin as the easiest way to become a millionaire, reinforcing his belief in its long-term value.
Bitcoin climbed to a record high of $119,000 after weeks of sideways trading. The digital asset is selling currently slightly below that mark and has remained strong even in the face of the recent turbulent crypto market.
According to a recent social media post, Kiyosaki remains confident that Bitcoin could eventually hit $1 million. He noted that it has never been easier to build wealth, pointing to Bitcoin’s role in the evolving financial landscape. Although he acknowledges that he was slow in investing in the asset, he keeps on adding to his stakes.
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In January of this year, Kiyosaki estimated that Bitcoin would reach the level of $250,000 by the end of 2025. Despite inconsistency in his comments in the past, his purchase action indicates that he still expects a more upside beyond that point. He said in June that he was waiting to crash to buy again. But there was no significant correction and he continued to buy more of Bitcoin.
Bitcoin Momentum Grows as Market Eyes Key Price Milestones
In the broader market, analysts have pointed to increasing bullish signals. Katie Stockton, founder of Fairlead Strategies, noted that Bitcoin could be on track to reach $135,000 if current trends hold.
The ability to provide strong technical support and the stability of the demand have contributed to the reinforcement of the existing uptrend.
Confidence by investors is high particularly with institutional emphases increasing and the persistence of macroeconomic uncertainties. Bitcoin’s recent gains have reignited optimism across the crypto space, with many watching for a sustained breakout.
As of this writing, Bitcoin has hit its all-time high exchanging hands at $119,000. The major resistance areas are under the intelligence of the market players and any indication of additional moves.
Kiyosaki’s renewed buying signals growing faith in Bitcoin’s future, even at near-record levels. As the market holds steady, all eyes are on whether the cryptocurrency can break past $119,000 and move closer to the bold $1 million target.
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