Renowned Finance Author Says Bitcoin Price Is Headed For $150,000, Reveals Catalyst

Name	Symbol	Market	Market Cap ($)	Algorithm
SHIBA INU	SHIBUSD	Crypto	11,196,336,592	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

SHIBA INU

SHIBUSD

Crypto

11,196,336,592

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.00	0.00%	0.000019	0.000019	0.000019

Price Change

Price Change %

Current Price

Bid Price

Offer

0.00

0.00%

0.000019

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.00002	0.000018	0.00002	0.000019	0.00000662 - 0.000048

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.00002

0.000018

0.00002

0.000019

0.00000662 - 0.000048

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	16:01:48	750,344.00	0.000019	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

16:01:48

750,344.00

0.000019

USD

Price x Volume	Volume	Base Symbol	Related Pairs
41,887,412.93	126,009,715,121.87	SHIB	SHIBEUR	SHIBGBP	SHIBBTC

Price x Volume

Volume

Base Symbol

Related Pairs

41,887,412.93

126,009,715,121.87

Renowned Finance Author Says Bitcoin Price Is Headed For $150,000, Reveals Catalyst

10/01/2024 9:00pm

NEWSBTC

Renowned finance author Robert Kiyosaki has shared his thoughts on the future trajectory of the Bitcoin price. The author, who is no stranger to the crypto community, says that Bitcoin could rise to $150,000 while revealing what will spark this significant price surge. What Will Spark Bitcoin’s Rise To $150,000 Kiyosaki hinted in a post on his X (formerly Twitter) platform that the Spot Bitcoin ETFs will be the catalyst for Bitcoin’s rise to $150,000. He, however, didn’t say exactly when Bitcoin will hit this price level as he only stated that it will happen soon. With this prediction, the author joins a growing list of persons who believe that the approval of these funds will be massive for Bitcoin. Related Reading: Crypto Analyst Predicts Crypto Market To Reach $23 Trillion, XRP Price To Cross $13 Kiyosaki, who authored the best-selling book ‘Rich Dad, Poor Dad, also expressed his excitement at getting in on the flagship crypto token early. He expects Bitcoin’s value to keep rising as he says he will keep buying adding more BTC to his portfolio. He also made a case for Gold and Silver as Inflation continues to be at a high. According to him, the only “losers” are those who save “fake fiat US dollars.” The renowned author, who happens to be an advocate of financial literacy, has always been outspoken about Bitcoin. At one time, he urged everyone to invest in the crypto token to avoid becoming poorer due to the actions of the government. He had also labeled Bitcoin as the “best protection” against a potential wave of hyperinflation. BTC price at $45,555 | Source: BTCUSD on Tradingview.com What Bitcoin Is Saying On the Charts Crypto analyst Ali Martinez has provided insight into Bitcoin’s trajectory from a technical analysis angle. Martinez mentioned in a post on his X platform that Bitcoin has established a solid support zone at $42,000. This support level is said to be backed by 2.48 million addresses holding over 1.12 million BTC. Related Reading: Shiba Inu Breakout To $0.001? Rumored 9.25 Trillion SHIB Token Burn Could Be The Catalyst The analyst further stated that Bitcoin could potentially rise to as high as $55,000 with no “major supply zones in sight.” However, the flagship crypto token will first need to breach the $48,000 resistance. Once that happens, on-chain data suggests “a clear path ahead,” Martinez says. In a subsequent post, the analyst also offered a bearish narrative as Bitcoin’s price could face a major correction. Martinez noted that the TD Sequential is currently flashing a sell signal on Bitcoin’s weekly chart. This indicator is said to be forecasting a correction that could last one to four weeks before the crypto token resumes its uptrend. At the time of writing, Bitcoin is trading at around $46,000, down over 1% in the last 24 hours according to data from CoinMarketCap. Featured image from Ars Technica, chart from Tradingview.com

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