“Rich Dad Poor Dad'' Author Robert Kiyosaki Thinks BTC Will Hit $100,000 in June, As Experts Say: Consider This Bitcoin Derivative for 100x Profits

The price of bitcoin fell just over 1% in the last 24 hours to trade at $51,672 as of 4:30 a.m. EST, with trading volume increasing 12% to nearly $22 billion.

But the market sentiment around btc still seems quite optimistic. Following the approval of bitcoin spot ETFs last month, BlackRock yesterday launched another announcement to boost sales.

And Robert Kiyosaki, the famous author of “Rich Dad Poor Dad,” shared his thoughts on the coin and predicted that btc is just a few months away from reaching $100,000 per coin.

bitcoin to $100K by June 2024.

—Robert Kiyosaki (@theRealKiyosaki) February 18, 2024

bitcoin Price Forecast

For about a week, bitcoin price fluctuated between support at $51,000 and resistance at $52,500. The coin saw a few instances where it ventured beyond these levels, but for the most part, its price has been trading sideways for almost a full week, since February 15.

However, in the future, the coin could break out and break one of the two levels that seem to bind it. Mainly because bitcoin never sits still for long, but also because this is expected to be a big year for the currency.

Not only have bitcoin ETFs been approved, but the halving is about to arrive. Historically, the price of the currency typically inflates before the halving, only to correct itself after it occurs.

Several months after that, btc typically sees a massive bull run that eventually drags the rest of the crypto industry down with it. In other words, there are more than enough reasons to expect the currency to soar in the next 12 months.

However, in the short term, btc still shows no signs of breaking out one way or another. The coin's Bollinger Bands have managed to maintain a relatively stable width for a few days now, and although the price is moving around the upper band, this is nothing that has not been seen before in recent days, without too much of an effect. big.

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The coin's Relative Strength Index (RSI) level is also in the neutral area for the most part, with its current value at 53.40. It is worth noting that the RSI score rose from the threshold of the oversold zone, indicating that traders are buying again, which could push both the RSI level and the coin price up further.

If this happens, btc is likely to find support at $52.5K again, but until now, it lacked the strength to break above it. However, it is worth noting that btc is currently the highest it has been in almost 3 full years, having last reached $52,000 in mid-March 2021.

Therefore, if the bulls manage to push the coin past the $52.5K resistance, it is quite possible that btc will attempt to rally further towards the $55K mark, although this would likely require a strong bullish push.

Promising alternative to bitcoin

Despite bitcoin's recent price surge and positive predictions for the currency's future, many believe there are much better investment options than btc itself. One such alternative could be the bitcoin Minetrix (BTCMTX) cloud mining platform.

contrasting #BitcoinMinetrix versus conventional cloud mining:

Risk: #BTCMTX – User controlled, easy withdrawal / Conventional – No refunds, long-term contracts.

Simplicity: #BTCMTX – Buy with $eth, $BNB, $USDT / Conventional – Complicated contracts. pic.twitter.com/xcKWnINseh

—Bitcoinminetrix (@bitcoinminetrix) February 16, 2024

bitcoin Minetrix allows users to purchase its native token, BTCMTX, and then stake it on its platform. In exchange, participants receive credits that allow them to mine bitcoin. This could be particularly beneficial right now, given that bitcoin mining rewards are about to halve in just two months.

bitcoin Minetrix also made sure to develop its platform to be decentralized and completely transparent, in order to reassure the community that might be skeptical after all the cloud mining scams that took place in the past. As for its token, BTCMTX, it is currently selling for $0.0136, and so far, the pre-sale has managed to raise $11.2 million.

YouTube cryptocurrency analyst Jacob Bury says BTCMTX has the potential to surge 100x at launch.

If you decide to join the pre-sale yourself, know that you can buy BTCMTX in exchange for eth or USDT. Alternatively, you can also purchase it directly with your debit or credit card.

Visit the BTCMTX pre-sale here.

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New crypto mining platform: bitcoin Minetrix

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• Audited by Coinsult
• Secure and decentralized cloud mining
• Earn free bitcoin daily
• Native Token on Pre-Sale Now – BTCMTX
• Staking Rewards: Over 50% APY

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