Although Bitcoin (BTC) has recently corrected significantly below its yearly and all-time highs (ATH), renowned investor and author Robert Kiyosaki has expressed optimism about the future of the market.
The author of the bestseller “rich dad poor dadHe highlighted the potential of the leading cryptocurrency to enter the so-called “Banana Zone“. IN publication On X (Twitter) on June 26, Kiyosaki expressed his firm belief that BTC will soon make a parabolic bounce.
The term “Banana Zone“was coined by Raoul Pal, CEO of Real Vision and macroeconomics expert, to describe the potential parabolic leap of Bitcoin. Kiyosaki agreed with Pal’s opinion and noted that the term “creates great enthusiasm“He stressed that Pal, with his extensive experience as a senior executive at Goldman Sachs, has deep knowledge.
“Yes, I think Raul Pal knows what he’s talking about. (…) The “Banana Zone” is when Bitcoin goes up… it becomes a parabola… it creates a sine curve… when people say “I should have bought something”… or “I should have bought more”Kiyosaki wrote.
Bitcoin vs. fiat money
Kiyosaki pointed out the main difference between Bitcoin and fiat money:
“Bottom line: Bitcoin is ‘rules-based money.’ Fake government fiat money is ‘debt-based’ money. Rules-based money makes you richer. Fake government ‘debt-based’ money makes you poorer. Hold on tight as BTC soars into the ‘Banana Zone.’”
Earlier this month, Raul Pal predict a substantial increase in the price of Bitcoin and the broader crypto market in the fourth quarter of the US presidential election year.
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