Crypto Writer
Arslan Butt
Crypto Writer
Arslan Butt
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Bitcoin (BTC/USD) is holding near $118,000, up 0.88% today, after briefly reaching an all-time high of $124,533 earlier this week. Despite being down 0.70% for the week, the benchmark cryptocurrency continues to outperform gold, which has slipped 1.83% to around $3,335 per ounce. The diverging performance raises a timely question: Is BTC overtaking gold as the world’s preferred safe-haven asset?
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has once again weighed in. Writing on X, Kiyosaki warned that U.S. stock market crash signals are flashing red, leaving traditional portfolios vulnerable—especially for baby boomers reliant on 401(k) retirement plans.
His advice: look beyond stocks and bonds.
He places gold, silver, and Bitcoin in a unique category he calls “real money,” assets that can withstand inflation, currency debasement, and systemic shocks. While he values precious metals, his enthusiasm for BTC is unmistakable.
He describes BTC as “the people’s money,” highlighting its digital scarcity, portability, and independence from government control.
BTC as a Safer Hedge Than Gold
Historically, gold has been the ultimate hedge against crises. But Kiyosaki suggests BTC is better suited for today’s financial environment. With fiat currencies under pressure and central banks expanding balance sheets, he believes BTC could climb as high as $1 million if confidence in traditional money erodes further.
Kiyosaki even compares Bitcoin’s performance to his real estate career, noting how much easier it was to make millions from BTC compared to years of risk and effort in property markets. He calls BTC a “genius asset design,” but adds a sobering note: if BTC can create wealth so quickly, why are so many people still poor?
His broader hedge strategy includes gold, silver, oil, cattle, and now Bitcoin. He points to Moody’s downgrade of U.S. bonds and rising Asian demand for gold as evidence that traditional safe havens are under strain. In his view, those sticking with conventional assets risk the biggest losses when markets turn.
Key Takeaways:
- BTC recently hit $124,533, before consolidating near $118,000.
- Gold lags behind, down nearly 2% this week.
- Kiyosaki calls Bitcoin “the people’s money” and predicts BTC could reach $1M.
- He warns baby boomers may see steep 401(k) losses in a crash.
Bitcoin Price Prediction – Technical Outlook
From a charting perspective, Bitcoin price prediction remains resilient. The daily chart shows a bullish ascending triangle, with support from a rising trendline since June. BTC trades near $118,367, with strong daily volume above $44 billion, signaling healthy participation.
The RSI sits at 53, suggesting room for upside without overheating, while the MACD remains positive despite cooling momentum. Candlestick formations, including recent Dojis and spinning tops, show indecision as BTC consolidates below the $123,235 resistance zone.
Above $123,235 and we’re headed to $127,300 and possibly $131,500. Below $116,700 and we’ll see $115,600 or $112,500, where the 50-day SMA is strong support.
For traders, it’s simple: long above $123,235 with stops below $116,70,0, and you have a good risk reward. Conservative traders may wait for a retest of the $116,700-$115,600 zone with bullish confirmation before getting in.
Looking forward, BTC is building a base for the next move. If the bulls break resistance, we’re headed to the $130,000 zone, and Kiyosaki’s view that BTC is a stronger safe haven than gold makes sense.
New Presale Bitcoin Hyper ($HYPER) Combines Bitcoin Security With Solana Speed
Bitcoin Hyper ($HYPER) is the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), built to supercharge the Bitcoin ecosystem with fast, low-cost smart contracts, dApps, and meme coin creation.
By merging Bitcoin’s security with Solana’s performance, it unlocks powerful new use cases – all with seamless BTC bridging.
The project is audited by Consult and built for scalability, simplicity, and trust.
Investor interest is surging, with the presale already surpassing $9.7 million and only a small allocation remaining.
HYPER tokens are currently available at just $0.012725, but that price is set to rise soon.
You can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank card.
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