Bitcoin – the world’s largest cryptocurrency – is a “bargain” today, according to Robert Kiyosaki, the renowned author of Rich Dad Poor Dad. He recommends taking advantage of the recent weakness to build a position in the “future” at a discount. On-chain activity has increased to levels not seen since April, and there are a number of tailwinds that could catalyse the price of Bitcoin in the near to medium term, such as the pending approval of an exchange-traded fund. Additionally, the halving event scheduled for April or May of 2024 could help propel the price of Bitcoin. Pseudonymous crypto analyst PlanB has predicted that BTC could hit $100,000 in about two years, and even reach $1 million eventually. Bitcoin is currently trading at $26,900 versus its year-to-date high of $31,500 in mid-July.

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Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	9
People	Robert Kiyosaki, Cathie Wood, PlanB, Santiment
Companies	Cathie Wood, Santiment, PlanB, Federal Reserve, Rich Global LLC
Currencies	Ethereum, Gold, Silver, Bitcoin
Securities	None