Robert Kiyosaki, the owner of the bestselling book “Rich Dad Poor Dad”, alongside Changpeng ‘CZ’ Zhao, have cast some interesting perspectives on Bitcoin.
They posted on X in favor of BTC and highlighted the significance of everyone utilizing this accumulation phase. Their praises have largely increased the Bitcoin price bringing a radical increase, within the last 24 hours.
Robert Kiyosaki and Binance Founder CZ on Bitcoin
The author of the book Rich Dad Poor Dad, Robert Kiyosaki, took to X to express his fondness for Bitcoin and called it the easiest way to become wealthy.
He mentioned that getting rich using Bitcoin is a matter of purchasing just one Satoshi for the long term. He ended his point with a contestable statement that all who do not get rich with Bitcoin are “stupid”.
Likewise, Changpeng ‘CZ’ Zhao, the Binance Founder, is also on record on X, supporting Bitcoin. He stated that everyone feels FOMO and there is certainly a need to be responsible.
CZ hinted that it is always better to buy bitcoins at a lower rate, but advised people to be careful because of the particular dynamics surrounding cryptocurrency currencies, especially Bitcoin.
The Effect on BTC Costs
As of now, Bitcoin’s value has spiked over two percent, reaching a trading price value of over $97k. This equals a whopping increase of 126.87 percent within the last year alone. The low for the day was $94,823.5 so trading was stable throughout the day.
There is speculation, especially with Trump coming into office, that the Bitcoin prices will continue to rise. This was furthered with PPI data coming in weaker than expected on Tuesday.
Over the next 30 days, BTC could grow by 26.38 percent with a forecasted volatility of 3.53 percent and an FGI of 63 points. Coinglass data shows bullish sentiment for Bitcoin with support coming from the derivatives makers.
Support for Bitcoin Before Hand
This is not the first time Changpeng ‘CZ’ Zhao and Robert Kiyosaki have shown their support for Bitcoin. On Tuesday, Binance Founder CZ hinted at buying Bitcoin when it dips because he expects Trump to start issuing crypto executive orders at the beginning of his presidency. He says this is like the Bitcoin V1 days.
Along the same lines, Robert Kiyosaki described a Bitcoin crash as “great news,” because every time the prices drop, he would go ahead and buy more Bitcoin.
At the same time, JPMorgan pointed out that Solana and XRP ETFs are likely to collect USD 15 billion in a single year, which will increase the adoption of cryptocurrencies and also raise BTC prices.
