Robert Kiyosaki, prominent businessman and author of Rich Dad Poor Dad, has issued a fresh Bitcoin prediction as the crypto hits new all-time highs. He believes Bitcoin is entering what economist Raoul Pal calls the “Banana Zone,” a phase marked by extreme FOMO and price surges.
Kiyosaki, a long-time Bitcoin supporter, revealed he recently bought more BTC at $110,000. Despite thinking $6,000 was expensive years ago, he now sees strong long-term potential. He believes the current market could drive Bitcoin toward a bold $1 million target.
The “Banana Zone,” as described by Pal, signals a period of hype where new investors rush in, often without understanding the risks. Kiyosaki warned this could lead to high volatility and emotional decision-making. “I’m now in position for what Raoul Pal calls ‘the Banana Zone,’” he posted on X.
Kiyosaki criticized panic buyers as “hogs” and called himself a “fat pig,” implying he’s ready to feast while others get “slaughtered” in market corrections. He advised investors to purchase when the prices are low and not when they are high because of the hype.
His strategy is clear, avoid FOMO, be patient, and buy when the market is fearful. According to him, real gains come from smart entries, not emotional reactions.
As Bitcoin breaks new highs, now surpassing $118,000, analysts are expecting resistance around $124,000. Kiyosaki suggests that the next dip could be the best time to buy, especially for those who missed earlier opportunities.
Kiyosaki continues to predict that Bitcoin could reach $1 million, but only the patient may profit.
Also Read: Will Bitcoin Hit $120K Next As Bullish Dominance Rises?
