Since the beginning of October, Bitcoin's price has increased by over 5.1%, reaching a multi-month high of more than $69,500.

As of October 23, Bitcoin is up 59.62% year-to-date, although it recently dropped 4% from its three-day high, closing at $66,404.

Bitcoin began to surge on October 10 after falling below $59,000, raising hopes for a potential rally to $100,000.

He considers Bitcoin, along with gold and silver, as a protective asset in times of financial uncertainty.

Kiyosaki, author of 'Rich Dad Poor Dad,' has been a strong advocate for Bitcoin since at least 2017, viewing it as a safe haven amidst potential economic crises.

Despite the optimism surrounding October, the future of Bitcoin remains uncertain due to its volatility and susceptibility to external shocks.

Experts predict that Bitcoin could rise above $85,000 by Halloween 2024, despite the current downturn.

He refers to cryptocurrency as the 'people's money' and continues to promote it during the 2024 bull market.

Historically, October has been a strong month for Bitcoin, often leading to a bullish trend that extends from late October to May.

On October 23, 2024, Robert Kiyosaki urged his followers on X to invest in Bitcoin, emphasizing the importance of buying during the current downturn.

Kiyosaki believes the current price drop presents a 'buy the dip' opportunity, predicting a significant rally known as 'Uptober'.

Kiyosaki previously predicted that Bitcoin would hit at least $100,000 by the end of the year and $1 million by 2025.