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The “Rich Dad Poor Dad” author expects Bitcoin to reach $100,000 in a few months and says he prefers to trust BTC over the Fed

The author of the bestselling personal finance series “Rich Dad Poor Dad” believes Bitcoin (BTC) is just months away from reaching a six-figure price.

Robert Kiyosaki tells his 2.5 million followers on social media platform X that he would rather bet on hard assets like Bitcoin than blindly follow the Federal Reserve.

“Instead of trusting the Fed, I would rather trust gold, silver and Bitcoin.”

Kiyosaki appears to be concerned about demand for US Treasury bonds. The author of “Rich Dad Poor Dad” mentions a question from Andy Schectman, president of precious metals investment firm Miles Franklin, about who would be willing to accumulate U.S. bonds given that the national debt is at a record high of $34.266 trillion has been shot.

“Andy Schectman asks a very important question: 'Who will buy US bonds?'

Banks buy gold, not US debt. How will America manage without money? How will the world work with money? What are you going to do without money? Gold may crash below $1,200. Silver will rise sharply, as will Bitcoin. Watch out. Be careful.”

Kiyosaki expects BTC to experience an uptrend and shares his price target for the crypto king as well as a concrete timeline.

“Bitcoin to $100,000 by June 2024.”

At the time of writing, Bitcoin is trading at $51,748, down slightly in the last 24 hours.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct their due diligence before making any risky investments in Bitcoin, cryptocurrencies or digital assets. Please note that your transfers and transactions are at your own risk and any losses you incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl is involved in affiliate marketing.

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