Bitcoin Reclaims $74K as Robert Kiyosaki, Peter Brandt Predict BTC Rally amid Gold Crash

Bitcoin surges back above $74,000 today, reclaiming a key level amid renewed bullish momentum in the crypto market. This rebound comes as traditional safe-haven assets like gold face pressure amid the oil crisis-fueled strengthening of the US dollar, with experts predicting further upside following a 13% BTC rally.

Bitcoin Rebounds Above $74K amid Positive Sentiment

Bitcoin jumped 4% to reclaim the $74,000 level amid strong upward momentum, with $165 million short positions liquidated in the last 4 hours. Institutional interest is supporting the rally after US PCE inflation cools to 2.8%.

Broader crypto market sentiment is shifting from “extreme fear” to renewed confidence amid steady spot Bitcoin ETF inflows and cooling macro tensions. Investors anticipate potential tests of $75,000 and higher, with bulls in control as long as key supports hold.

As CoinGape reported, the odds of Bitcoin rallying to $100K surged to the highest level since February on Polymarket and Kalshi. Notably, Polymarket data shows that the probability of it rising to 100K jumped to 44%.

Robert Kiyosaki Doubles Down on Bitcoin as Gold and Silver Crash

“Rich Dad Poor Dad” author Robert Kiyosaki said he is confident that Bitcoin will go up. He also expects gold and silver to pick up momentum, but these traditional safe-haven and inflation hedge assets are falling as the US dollar index (dxy) surpasses 100.

“I am confident as long as Iran keeps shooting oil tankers in the straights of Hormuz…. The price of oil from my Texas oil wells keeps going up,” he said.

Robert Kiyosaki highlights Warren Buffet’s strategy of holding cash after selling stocks and bonds. He even revealed using millions in cash to purchase oil futures, gold, silver, and Bitcoin last week amid the Middle East tensions. His bullish stance is aligning with the current BTC rally, as liquidity improves and stablecoin inflows return.

Peter Brandt Sees Bullish Patterns Emerging for BTC

Veteran trader Peter Brandt has highlighted a classic “Horn” pattern formation on Bitcoin’s daily chart. His recent BTC predictions pointed to “Banana split” pattern on weekly and daily timeframes, suggesting short-term upside potential.

While Brandt has issued cautious warnings in the past, he turned bullish for the short term. The BTC daily chart depicts a rally until early April. He also predicted that gold prices would decline, triggering a boost BTC prices.

Gold price is down 0.30% at $5008 today, after almost 3.5% fall last week. Meanwhile, Bitcoin has reclaimed above the 50-day moving average for a potential rally.