Robert Kiyosaki, author of Rich Dad Poor Dad, says that Bitcoin could now enter the “Banana Zone”, a phase defined by Raoul Pal. This step is characterized by rapid price gains and emotionally fed by the fear of missing (FOMO). Bitcoin recently reached $ 118,000 and reaching a summit of all time, Kiyosaki warns that the maximum euphoria often brings increased volatility.
Kiyosaki agrees with PAL that the limited offer of Bitcoin can trigger net price overvoltages when peaks of demand, often fired by institutions, media buzz and FOMO at retail, but also brings great volatility.
Bitcoin enters the banana area led by Fomo
Before entering the dynamics, let us understand what is the banana area. This phase, often observed on the Bitcoin bull markets, tends to be marked by explosive growth fueled by the overhaul, the institutional interest and the FOMO of retail. However, while euphoria is built, Kiyosaki urges caution. He warns that many new investors can jump blindly, to pursue fast gains without understanding the volatility that comes with such parabolic tracks.
The media threshing emotional purchasing could easily start in the sale of panic, especially if the price corrects greatly. Instead of being swept away in media threshing, Kiyosaki advises to remain anchored and advises to focus on education, do your research and invest with discipline. In short, although the “banana area” can look like a gold opportunity, it is also a dangerous trap for the unprepared.
“I am a big pig with bitcoin,” says Kiyosaki
Kiyosaki bought Bitcoin early, around $ 6,000, and made great profits by remaining patient and not pursuing media threshing. It attributes its success to intelligent investment, not lucky, and continues to support Bitcoin because of its limited supply and its independence from governments.
He always thinks that an increase in major prices, the “banana area”, is on the way. He also revealed his latest Bitcoin purchase at $ 110,000, positioning himself well for the “Banana Zone”.
He describes himself as a disciplined “big pig”, accumulating patiently during market peaks, unlike “pigs” who jump late and burn. He expects temporary corrections but remains optimistic, with a long -term goal of $ 250,000 by 2025 and even $ 1 million by 2030.
Bitcoin increases while Fait in Fiat fades
Many investors are starting to lose confidence in traditional currencies (such as dollars or euros), mainly because governments accumulate excessive debt and people are concerned about inflation. In this environment, Bitcoin begins to be more attractive, like digital gold, because there is a limited supply, which makes it a good way to protect your wealth.
But Kiyosaki and other experts believe that this change in thought helps Bitcoin to take momentum. Large institutions also demonstrate more interest, adding fuel to fire. Some analysts suggest that if the American federal reserve changes its current policies, in particular by reducing interest rates, Bitcoin could increase again, potentially reaching prices five or even six figures.
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