Bitcoin is holding near $118,000, up 0.88% today, after hitting an all-time high of $124,533 earlier this week. Although down 0.70% for the week, this benchmark cryptocurrency continues to outperform gold, which has dropped 1.83% to around $3,335 an ounce. This contrasting trend raises a timely question: Is BTC surpassing gold to become the world's preferred safe-haven asset?

Robert Kiyosaki, the author of the bestselling book Rich Dad Poor Dad, has once again spoken out. Writing on X, Kiyosaki warns that the signs of a collapse in the U.S. stock market are flashing red, making traditional portfolios vulnerable—especially for those in the baby boomer generation who rely on 401(k) retirement plans.

His advice: look beyond stocks and bonds.

He categorizes gold, silver, and Bitcoin into a unique portfolio he calls 'real money,' assets that can withstand inflation, currency devaluation, and systemic shocks. While he values precious metals, his passion for BTC is unmistakable.

He describes BTC as 'the people's money,' emphasizing its digital scarcity, portability, and independence from government control.

BTC As A Safer Hedge Than Gold

Historically, gold has been the optimal crisis hedge. However, Kiyosaki argues that BTC is better suited for today's financial environment. With fiat currencies under pressure and central banks expanding their balance sheets, he believes BTC could rise to $1 million if confidence in traditional currencies continues to erode.

Kiyosaki even compares Bitcoin's performance to his real estate career, noting that making millions from BTC is much easier than many years of risk and effort in the real estate market. He calls BTC a 'genius asset design' but also offers a thought-provoking note: if BTC can create wealth so quickly, why are so many people still poor?

His broader risk-hedging strategy includes gold, silver, oil, livestock, and now Bitcoin. He points to Moody's downgrade of U.S. bonds and high demand for gold in Asia as evidence that traditional safe-haven investments are under pressure. In his view, those who stick to conventional assets will face the greatest risk of significant losses when the market reverses.

Bitcoin Price Prediction – Technical Outlook

From a charting perspective, the Bitcoin price prediction remains quite solid. The daily chart shows an ascending triangle pattern supported by an upward trendline since June. BTC is trading near $118,367, with strong daily trading volume exceeding $44 billion, indicating active participation.

The RSI indicator is at 53, indicating the potential for price increases without overheating, while the MACD indicator remains positive despite the downward momentum. Candlestick patterns, including recent Doji and Spinning Top, show hesitation as BTC consolidates below the resistance zone of $123,235.

Above $123,235, we will head towards $127,300 and possibly $131,500. Below $116,700, we will see $115,600 or $112,500, where the 50-day SMA is a strong support level.

For traders, everything is quite simple: buy above $123,235 with a stop loss below $116,700, and you will have a good risk-reward ratio. Cautious traders may wait for the price to test the $116,700-$115,600 zone with bullish confirmation before participating.

Looking ahead, BTC is building a foundation for the next move. If the buyers break the resistance level, we will move towards the $130,000 zone, and Kiyosaki's view that BTC is a stronger safe haven than gold is completely reasonable.