The latest Bitcoin price prediction from Robert Kiyosaki has acted as a double-edged sword, sparking both optimism and caution among traders. Notably, the renowned Rich Dad Poor Dad author has once again backed BTC USD, highlighting its potential. This comes as Bitcoin price has recorded a pullback and slipped below the brief $113k mark today. The latest retreat occurs as the broader crypto market has navigated a volatile path, ahead of the much-anticipated Fed rate cut announcement today. However, market experts have shrugged off the concerns, stating that such volatile sessions are normal preceding major macroeconomic events. In addition, institutional interest has also bounced back into the flagship crypto, further boosting market confidence.
Here, we explore the latest Bitcoin price prediction of Robert Kiyosaki. Besides, we will also explore the key support and resistance levels for the flagship asset that experts believe could be crucial for the future movements of Bitcoin USD.
Bitcoin Price Prediction for 2025: Robert Kiyosaki Reveals
The Rich Dad Poor Dad author Robert Kiyosaki has once again made headlines with his latest Bitcoin price prediction for 2025. Looking at the current performance of the market, the latest Bitcoin USD target that he suggested has fueled optimism among traders. However, considering his previous forecasts, it appears that his tone has shifted to a cautious approach. Robert Kiyosaki has recently posted on X, predicting a potential BTC USD surge to $200,000 by 2025 end.
What’s notable about Kiyosaki’s latest Bitcoin price prediction is the contrast to his earlier forecast. Earlier this year, he predicted BTC price to reach $250,000 by the end of 2025. The shift towards a more cautious tone has sparked discussions among traders and investors, with many wondering what prompted the change. However, it’s worth noting that Robert Kiyosaki’s optimism for Bitcoin extends beyond short-term price predictions. He has repeatedly emphasized the importance of accumulating assets, rather than focusing solely on their current market value.
Bitcoin Price Slips Ahead of Fed Rate Cut
Bitcoin price has slipped more than 1% today and fallen below the brief $113k mark amid a broader crypto market selloff. However, its trading volume soared nearly 40% to $67 billion, suggesting increased trading activity in the market. The recent volatility could be attributed to the upcoming FOMC interest-rate cut decision, scheduled for later today. According to Wall Street estimates, the market is anticipating a 25 bps Fed rate cut at today’s meeting.
However, market participants will keep a close track of Fed Chair Jerome Powell’s speech for potential future moves of the central bank. Although the market is anticipating another rate cut in December, any hawkish comment from Powell could trigger another selloff.
Key BTC Price Levels to Watch Ahead
Amid the volatile scenario, analyst Michael van de Poppe has shrugged off concerns, deeming the ongoing correction as “standard.” He noted that as long as Bitcoin price maintains its brief support at $112k, the future trajectory looks promising.
Simultaneously, analyst Jelle said that a rate cut could potentially help BTC USD to reclaim the brief $116k mark. This has also bolstered market confidence, indicating a potential rebound in the asset’s price in the coming days.
Talking about the all-time high prospect of Bitcoin USD, analyst Ali Martinez said that if the crypto breaks through $120k, it could target a new ATH ahead. Besides, he also noted that the next target would lie at $143k for BTC.
Meanwhile, this bullish Bitcoin price prediction also came amid the soaring institutional interest in the asset. According to Farside Investors’ data, the US Spot Bitcoin ETF recorded an inflow of $202.4 million on October 28. This marks an inflow streak of four days for the investment instrument. If institutions continue to bet on the asset, it might also boost the BTC USD price to new heights ahead.