|

Robert Kiyosaki Sets Huge BTC, ETH Price Targets After Warning of an Impending Crash

The writer of the bestseller Rich Dad, Poor Dad is again along with his prognosis of a serious market crash affecting quite a few monetary fields. Consequently, he outlined his technique that entails buying sure property and disposing of others.

Additionally, Kiyosaki set some massive value targets for his two favourite cryptocurrencies, that are additionally the 2 largest by market cap.

Gold, Silver First

The outstanding writer and investor has been advocating for BTC for years, however he has solely just lately added ETH to his portfolio. Before that, he was a giant proponent of the 2 largest treasured metals – gold and silver. Kiyosaki has additionally been warning about an impending market crash, significantly for shares, which he believes are considerably overvalued.

In his newest tweet on the matter, he outlined gold as his first alternative for a hedge towards market uncertainty. His goal for the valuable metallic is at $27,000, which he acquired from well-liked gold bug Jim Rickards. It’s price noting that the yellow metallic had a spectacular yr, set quite a few new all-time highs, however it’s nonetheless far beneath that degree at $4,000/oz as of Friday’s shut.

After disclosing that he owns silver (in addition to gold) mines, he famous that his value goal for the previous is $100 in 2026.

$250K BTC, $60K ETH

When it got here to posting predictions concerning the two greatest cryptocurrencies, Kiyosaki appears to imagine that ETH has extra substantial room for progress. His goal for BTC, which is at $250K, would require a extra modest 150% surge from the present ranges.

At the identical time, ETH trades at round $3,500 as of now, whereas skyrocketing to $60,000, which he believes is achievable, can be a tricky problem. The asset would want to leap by greater than 1,600%.

What’s much more attention-grabbing is that if each of these crypto targets are reached, ETH can be the primary digital asset by market cap, as its personal can be north of $7.2 trillion (given the present circulating provide). In distinction, BTC’s market cap can be round $5 trillion.

The put up Robert Kiyosaki Sets Huge BTC, ETH Price Targets After Warning of an Impending Crash appeared first on CryptoPotato.

Similar Posts