Kiyosaki Buys Bitcoin at $110K, FOMO Banana Zone, Eyes $1M
Robert Kiyosaki, author of Rich Dad Poor Dad, disclosed he bought one Bitcoin at $110,000, entering what Raoul Pal dubs the market’s “Banana Zone.” He warns of FOMO-driven latecomers (“HOGs”) and urges disciplined accumulation, citing “PIGs get fat; HOGs get slaughtered.” Analysts note whale inflows to Binance jumped from $2.3B to $5.3B monthly, with a 10,000 BTC transfer triggering a mid-June drop to $99,200 before Bitcoin rebounded to record highs. Kiyosaki views any correction as a buying opportunity and targets $250,000 by end-2025 and $1 million by 2030. Traders should watch volatility, whale activity and scarce supply amid rising institutional demand.
Bullish
Kiyosaki’s latest Bitcoin purchase at $110,000 and his bullish $1 million target, combined with rising whale inflows to Binance, underlines strong demand and market confidence. This high-profile buy and forecast can drive further buying pressure. Though FOMO-driven volatility may intensify in the “Banana Zone,” corrections are likely viewed as buying opportunities. Overall, the news supports a bullish outlook for Bitcoin, reinforcing long-term momentum despite potential short-term swings.