Robert Kiyosaki says "Bitcoin Investment is a wealth building strategy"

In light of rising inflation, Robert Kiyosaki, author of "Rich Dad, Poor Dad," emphasized the importance of investing in tangible assets such as Bitcoin, gold, and silver. Kiyosaki, known for his investment advocacy, took to social media today to encourage a financial shift towards these assets to protect against the erosion of the value of money. His comments come as individuals around the world feel the pinch of rising living costs.

Kiyosaki's criticism extends to the current monetary system, which he refers to as "FAKE", and attributes the economic hardship to Marxist ideologies among global leaders. In response, he supports the MAGA movement and believes in its capitalist principles that will promote economic growth and alleviate inflationary pressures.

Amidst these discussions, Bitcoin has seen a recent rise in value, from $36,550 on November 19 to $38,310 on November 26 (today's price is $37,233). This positive momentum is in line with the predictions of financial experts such as Rekt Capital, who predict that Bitcoin could reach the $40,000 mark before another halving in April 2024.

However, not all prospects for Bitcoin are optimistic. Analysts at JP Morgan have expressed concern about a potential bearish trend for the cryptocurrency. They point to a rise in exchange-traded funds (ETFs) that may lead to outflows from the Grayscale Bitcoin Trust (GBTC), potentially slowing Bitcoin's growth trajectory.

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