Silver

Gold

Rise

<p><a href="https://bitcoinist.com/bitcoin-is-a-hedge-tool-robert-kiyosaki/" rel="nofollow">Renowned finance author Robert Kiyosaki</a> has shared his thoughts on the future trajectory of the <a href="https://bitcoinist.com/crypto-founder-predicts-30-to-40-bitcoin-price-correction-if-sec-approves-etf/" rel="nofollow">Bitcoin price</a>. The author, who is no stranger to the crypto community, says that <a href="https://www.newsbtc.com/news/bitcoin/standard-chartered-spot-bitcoin-etf/">Bitcoin could rise to $150,000</a> while revealing what will spark this significant price surge.&nbsp;</p> 
<h2 id="what-will-spark-bitcoin-s-rise-to-150-000">What Will Spark Bitcoin’s Rise To $150,000</h2> 
<p>Kiyosaki hinted in a <a href="https://x.com/theRealKiyosaki/status/1744906616435339332?s=20" rel="nofollow">post</a> on his X (formerly Twitter) platform that the <a href="https://bitcoinist.com/blackrock-undercut-lower-spot-bitcoin-etf-fees/" rel="nofollow">Spot Bitcoin ETFs</a> will be the catalyst for <a href="https://bitcoinist.com/expert-forecasts-bitcoin-swift-rise-to-1-million/" rel="nofollow">Bitcoin’s rise</a> to $150,000. He, however, didn’t say exactly when Bitcoin will hit this price level as he only stated that it will happen soon. With this prediction, the author joins a growing list of persons who believe that <a href="https://www.newsbtc.com/news/bitcoin/bloomberg-spot-bitcoin-etf/#:~:text=Bloomberg%20Analyst%20Predicts%20Likelihood%20Of%20A%20Spot%20Bitcoin%20ETF%20By%20January%202024,-by%20Scott%20Matherson&amp;text=Following%20notable%20changes%20to%20the,as%20early%20as%20next%20year">the approval</a> of these funds will be massive for Bitcoin.&nbsp;</p> 
<p>Kiyosaki, who authored the best-selling book ‘Rich Dad, Poor Dad, also expressed his excitement at getting in on the <a href="https://www.newsbtc.com/bitcoin-news/billionaire-wishes-he-bought-bitcoin-early/">flagship crypto token early</a>. He expects Bitcoin’s value to keep rising as he says he will keep buying adding more BTC to his portfolio. He also made a case for Gold and Silver as Inflation continues to be at a high. According to him, the only “losers” are those who save “fake fiat US dollars.”</p> 
<p>The renowned author, who happens to be an advocate of financial literacy, has always been <a href="https://bitcoinist.com/bitcoin-halving-event-identified-as-a-pivotal-one/" rel="nofollow">outspoken about Bitcoin</a>. At one time, he <a href="https://bitcoinist.com/robert-kiyosaki-avocates-bitcoin-investment/" rel="nofollow">urged everyone</a> to invest in the crypto token to avoid becoming poorer due to the actions of the government. He had also <a href="https://bitcoinist.com/robert-kiyosaki-avocates-bitcoin-investment/" rel="nofollow">labeled Bitcoin</a> as the “best protection” against a potential wave of hyperinflation.&nbsp;</p> 
<p><img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/nnRV0CtF/" alt="Bitcoin price chart from Tradingview.com" width="3266" height="1530"></p> 
<h2 id="what-bitcoin-is-saying-on-the-charts">What Bitcoin Is Saying On the Charts</h2> 
<p><a href="https://bitcoinist.com/crypto-capital-inflow-2-years/" rel="nofollow">Crypto analyst Ali Martinez</a> has provided insight into Bitcoin’s trajectory from a technical analysis angle. Martinez mentioned in a <a href="https://x.com/ali_charts/status/1744694928163086703?s=20" rel="nofollow">post</a> on his X platform that Bitcoin has established a solid support zone at $42,000. This support level is said to be backed by <a href="https://bitcoinist.com/bitcoin-top-cryptoquant-suggests-bearish-turn-btc/" rel="nofollow">2.48 million addresses</a> holding over 1.12 million BTC.&nbsp;</p> 
<p>The analyst further stated that Bitcoin could potentially rise to <a href="https://www.newsbtc.com/bitcoin-news/this-bitcoin-historical-pattern-could-send-price-to-50000-before-major-correction-analyst/#:~:text=In%20a%20recent%20post%20on,chart%20on%20a%20higher%20timeframe.">as high as $55,000</a> with no “major supply zones in sight.” However, the flagship crypto token will first need to breach the $48,000 resistance. Once that happens, on-chain data suggests “a clear path ahead,” Martinez says.&nbsp;</p> 
<p>In a subsequent <a href="https://x.com/ali_charts/status/1744812717834129780?s=20" rel="nofollow">post</a>, the analyst also offered a bearish narrative as Bitcoin’s price could face a <a href="https://www.newsbtc.com/news/bitcoin/bitcoin-price-crash-not-bad/">major correction</a>. Martinez noted that the TD Sequential is currently flashing a sell signal on Bitcoin’s weekly chart. This indicator is said to be forecasting a correction that could last one to four weeks before the crypto token resumes its uptrend.&nbsp;</p> 
<p>At the time of writing, Bitcoin is trading at around $46,000, down over 1% in the last 24 hours according to <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="nofollow">data</a> from CoinMarketCap.&nbsp;&nbsp;</p>

Renowned Finance Author Says Bitcoin Price Is Headed For $150,000, Reveals Catalyst

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