Robert Kiyosaki, the author of the best-selling book "Rich Dad Poor Dad", has publicly endorsed Raoul Pal's "Banana Zone" theory, predicting a significant surge in Bitcoin's value. Kiyosaki believes that Bitcoin will enter a parabolic phase, creating a "sine curve" as described by Pal. He cites Pal's expertise as a former Goldman Sachs executive and his personal experience investing in Bitcoin as reasons for his support. Kiyosaki previously bought Bitcoin at $6,000 and now holds it at approximately $60,000, demonstrating his confidence in the cryptocurrency. Pal's theory suggests that Bitcoin typically rallies during the fourth quarter of a presidential election year, a phenomenon he calls the "Banana Zone". Kiyosaki's endorsement comes at a time when Bitcoin is experiencing a drop in value, but he remains bullish and intends to buy more during the dip.
Key Points:
Robert Kiyosaki, author of "Rich Dad Poor Dad", agrees with Raoul Pal's "Banana Zone" theory.
Kiyosaki believes Bitcoin will enter a parabolic phase, creating a "sine curve" as described by Pal.
He cites Pal's expertise as a former Goldman Sachs executive and his personal experience investing in Bitcoin as reasons for his support.
Kiyosaki previously bought Bitcoin at $6,000 and now holds it at approximately $60,000, demonstrating his confidence in the cryptocurrency.
Pal's theory suggests that Bitcoin typically rallies during the fourth quarter of a presidential election year, a phenomenon he calls the "Banana Zone".
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