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CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data > Blog > News > ‘Rich Dad Poor Dad’ author buys more Bitcoin amid rally – Here’s why
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‘Rich Dad Poor Dad’ author buys more Bitcoin amid rally – Here’s why

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Last updated: January 8, 2025 1:21 pm
CoinRSS Published January 8, 2025
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  • Kiyosaki bought more BTC and now, expects an extra rally towards $175k-$350k
  • Pi Cycle Top forecasted a potential market peak in September, near $235k 

Robert Kiyosaki, the author of ‘Rich Dad, Poor Dad,’ has scooped up more Bitcoin [BTC] after the world’s largest digital asset reclaimed $100k on the price charts. 

Kiyosaki is a long-time BTC advocate and has always urged his over 2M X (formerly Twitter) followers to consider the cryptocurrency as an inflation hedge. 

BTC to $175k?

In fact, he recently predicted that Bitcoin could surge to $175k —$350k in 2025, which could explain his recent extra BTC positions. In his New Year message, he wrote, 

“My price prediction for BITCOIN 2025: $175,000 to $350,000. Happy New Year” 

Apart from BTC, the author has also championed asset diversification by including silver and gold, citing economic mismanagement by key government institutions that make U.S dollar-based investments very risky right now. 

Robert Kiyosaki BitcoinRobert Kiyosaki Bitcoin

Source: X

That being said, his Bitcoin projection isn’t exactly far-fetched. Especially since it falls within the $150k-$250k range expected by most analysts. 

In fact, even one of the key market peak metrics, Pi Cycle Top, marked $234k as a potential trigger level for a massive correction and a likely bear market. 

Bitcoin Robert KiyosakiBitcoin Robert Kiyosaki

Source: BM Pro

For those unfamiliar, the metric correctly flagged previous market peaks in 2013, 2017, and 2021. The signal triggers the market top when the 111-day moving average (MA, orange) crosses the modified 365-day MA. 

If the trends repeat and the typical cycle patterns play out, the ongoing bull run could fizzle out by the end of Q3 2025 and usher in a bear phase of extended correction. 

In the meantime, the Trend-Based Fibonacci Extension tool, traced from the 2022 market bottom, indicated that BTC could surge to $167k in the medium term. 

Bitcoin KiyosakiBitcoin Kiyosaki

Source: BTC/USD, TradingView

Worth noting, however, that before the wild run above $150k, most market pundits projected a potential local top in March before a rebound towards a cycle peak later in the year. 

Previous: Is AI agent AiXBT nothing but a ‘chatbot with memecoins?’
Next: Assessing if Cardano [ADA] can outperform, break $1.50, and top altcoin market?

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