'Rich Dad Poor Dad' Author Calls Bitcoin Fast Track Investment, Here’s What He Means
Robert Kiyosaki's Investment Insights:
- Known for investing in Bitcoin and speculative assets, he discussed fast track investments like Bitcoin and Lithium.
- Educates entrepreneurs on improving their "financial IQ" through his book and board game.
- Emphasized the transition from "Rat Race" to "Fast Track" investments in real life.
- Has personally invested in Fast Track investments for over 30 years due to higher risks and returns.
- Shared a photo of himself with partner Marin Katusa sitting on a Lithium vein worth $5 million in Canada.
Bitcoin Price Prediction:
- Kiyosaki predicted Bitcoin could reach $350,000 by August this year.
- Stated his preference for buying BTC directly and expressed no interest in investing in a spot Bitcoin ETF.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36028.802 | 48014.401 | 60298.822 | 72284.421 | 84568.842 | 96554.441 | 108838.862 |
| Fibonacci | 48014.401 | 57285.549 | 63013.273 | 72284.421 | 81555.569 | 87283.293 | 96554.441 |
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