After short-lasting greedy sentiments among investors, the crypto market has returned to neutral, but this is the last opportunity to invest less and make more, according to Robert Kiyosaki. The crypto market has a straightforward approach, where right-time investments are key to making profits, where everyone aims to buy at the low and sell at the highest. It is the same approach the book author has presented, referring to it as the last chance to buy Bitcoin before Uptober.
Robert Kiyosaki Acknowledged Bitcoin Uptober And Its Impact
Robert Kiyosaki has talked about financial freedom for years, beginning with his book Rich Dad Poor Dad. He is also quite active in educating and warning the netizens about the upcoming challenges, especially with the rising US debt, Banks collapsing, and other macroeconomic factors.
He even warned the netizens about the biggest financial market crash, including the BTC price crash to $5K. However, he also predicted the Bitcoin price to grow to $100,000 or even 1 million in 2025, telling people how hard assets like BTC, Gold, and Silver are the future, not Fiat money. More importantly, he advised the users to not trust the Feds or the government for their finances.
One of these forecasts has warned investors about the last chance to buy Bitcoin before its value explodes in October. More importantly, if they do not, it is a Bye-buy situation. With this, he has acknowledged the popular crypto term Uptober, which explains the 10th month of the year being really profitable. Uptober term is derived after analyzing the BTC price growth for the last 13 years, where except for 2, the rest years were quite bullish for this token.
BITCOIN to BLAST-OFF in UPTOBER means time to BUY MORE BITCOIN or Bye-Buy
— Robert Kiyosaki (@theRealKiyosaki) October 23, 2024
In this new X post, Robert acknowledged the Uptober and its impact on the token’s value. He even called it a bye-buy situation, indicating how investors would not be able to buy BTC at this price again.
Will Kiyosaki’s Prediction Come True?
Robert Kiyosaki has openly claimed to see BTC price in the news high by the year’s end with multiple X posts. However, he is not the only one, as many crypto analysts have come up with similar forecasts. It includes the Bitwise CIO predicting six figures, considering the anticipation around Uptober, the US Elections, the impact of halving, Fed rate cuts, and much more. With this backing and hundreds of technical analyses, the analysts have presented the high probability of Bitcoin price rising to new heights, currently at $67.2k.
However, despite its earlier bullish performance, the token’s performance has not been very impressive in the past 2-3 days. More importantly, the BTC peaked at $69K on October 21 before losing a significant portion of its value, showing sellers’ activity in the market. Regardless, if the trends sit right and another uptrend continues, Bitcoin prices can grow higher. However, it is important to note that not many of Robert Kiyosaki’s predictions have come true, and the same can happen with this one, as there are only a few days until October end.
The post Robert Kiyosaki Warning: Last Chance To Buy Bitcoin Before Uptober appeared first on CoinGape.
