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Kiyosaki Awaits Bitcoin Reversal as Salinas Raises Allocation to 80%

Robert Kiyosaki is monitoring technical reversal signals in Bitcoin, Ethereum, gold, and silver before adding exposure amid recent price declines. This follows Mexican billionaire Ricardo Salinas Pliego escalating his Bitcoin allocation to 80% of his liquid portfolio after buying the dip, up from 70% and just 10% in 2020, while dismissing fiat and real estate. Earlier, Cardone Capital launched a hybrid REIT-Bitcoin vehicle pairing $235 million in properties with $100 million in BTC to target 22-32% returns. Bitcoin traded near $65,900 with short-term selling pressure noted from Bhutan. The narrative highlights growing high-net-worth conviction in BTC despite near-term caution.

Category

Bitcoin

Sentiment

Bullish

Event

Market commentary

Reading time

1 min