Robert Kiyosaki: BTC will reach $ 50,000 in 2021

According to the author of the bestselling Rich Dad Poor Dad Robert Kiyosaki, the price of BTC will reach $ 50,000 in 2021.

Kiyosaki – renowned real estate and precious metals investor – stated that in 2021 “mountains of institutional money” will flow into Bitcoin. He said:

I'm glad I bought Bitcoin.Next stop – $50 thousand. Mountains of institutional money will flow into Bitcoin. Buy while the price is below $20 thousand. If you haven't jumped into Bitcoin yet, buy silver. It should increase in price due to the new Green New Deal laws (new green deal in the USA).

If the price of bitcoin reaches $50,000, its capitalization will increase to $928 billion (about 10.3% of the totalcapitalisation of gold).

Trading activity at CME and Grayscale continues to grow

Open interest in bitcoin futures on CME fluctuates about $1.07 billion, slightly less activity is observed on OKEx and Binance Futures.

Many analysts note a significant growth in the investor in bitcoin.U.S. insurance giant MassMutua recently acquired $5.5 million worth of U.S. insurance giant MassMutua for $100 million for its investment fund.

The Grayscale Foundation, which provides asset storage services for large crypto-investors, reported on December 15 that it already had more than $13 billion in its accounts.

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Based on materialscointelegraph.com