2024

Bitcoin

when

<p>The post <a href="https://coinpedia.org/news/bitcoin-btc-price-to-hit-300k-in-2024-predicts-rich-dad-poor-dad-author-robert-kiyosaki/" rel="noopener noreferrer nofollow">Bitcoin (BTC) Price To Hit $300K in 2024 – Predicts – Rich Dad Poor Dad Author, Robert Kiyosaki</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Renowned author and Bitcoin lover Robert Kiyosaki recently made a post on Twitter about Bitcoin that has quickly, once again, caught everyone’s attention. He stated that Bitcoin’s current price growth is just the beginning, predicting an astonishing $300,000 surge before the year ends. Kiyosaki stressed how important it was to start investing in Bitcoin immediately, saying that even a small amount such as $500 could lead to massive gains.</p>
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   <p lang="en" dir="ltr">BITCOIN on fire. The biggest mistake you can make is to procrastinate. Important to start, even if only for $500. Next stop $300,000 per BC in 2024</p>— Robert Kiyosaki (@theRealKiyosaki) <a href="https://twitter.com/theRealKiyosaki/status/1765506264077906271?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 6, 2024</a>
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<h2 class="wp-block-heading" id="h-the-climb-and-dip-of-bitcoin"><strong>The Climb and Dip of Bitcoin</strong></h2>
<p>On March 5, Bitcoin soared to an all-time high of $69,200. This, however, was followed by a slight decrease, with its value dipping below $63,000. Despite the fluctuations, the investment climate for Bitcoin continues to remain steady. The Relative Strength Index (RSI), sitting at 58, points to a balanced market—not too hot and not too cold.</p>
<p>Further insights reveal a market that is bullish towards Bitcoin. It has managed to climb above the 50-Day Exponential Moving Average (EMA) of $62,598, a clear signal of investor confidence. Additionally, the appearance of a Doji candlestick pattern near the $69,000 support level points to a market that is reflecting and waiting for its next move.</p>
<h2 class="wp-block-heading" id="h-the-investment-opportunity"><strong>The Investment Opportunity</strong></h2>
<p>Nevertheless, keen investors have not hesitated to seize the moment. The brief dip to below $63,000 was viewed not as a setback, but as an opportunity to buy more Bitcoin. This sentiment is reinforced by Bitcoin’s rebound from the 20-day exponential moving average of $58,100. It shows a strong market demand even when prices fall.</p>
<p>Bitcoin’s next goal is to break through the $69,000 level immediately. If it works, the way to $75,000 and then $80,000 looks more and more likely. Nevertheless, there are obstacles to this bullish outlook. Bears are trying to stop the bull run and pull Bitcoin below the key 20-day EMA. If they can’t keep this level, the price could drop sharply, maybe to $49,000, the 50-day simple moving average.</p>

Bitcoin (BTC) Price To Hit $300K in 2024 – Predicts – Rich Dad Poor Dad Author, Robert Kiyosaki

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