Renowned financial expert Robert Kiyosaki, also known as “Rich Dad, Poor Dad”, recently took to social media to share a bold prediction about the future price of Bitcoin. He confidently forecasted that the value of BTC would soar beyond US$100,000 in the upcoming months, with a target of $350,000 by August 25, 2024.
While some may view Kiyosaki’s prediction as mere speculation, he clarified that it is not a falsehood but rather a goal, a dream, and a desire. This optimistic outlook on the future of the leading cryptocurrency surpasses his earlier forecasts of BTC hitting US$100,000 in June and US$300,000 by the end of 2024. Currently, Bitcoin is trading around US$71,000, still below its all-time high of $73,700.
In a tweet, Kiyosaki emphasized that his $350,000 Bitcoin prediction is not a lie but rather a speculative opinion. He expressed his desire for this prediction to become a reality, signaling his unwavering belief in the future potential of Bitcoin. Alongside Bitcoin, Kiyosaki continues to advocate for other cryptocurrencies like Ethereum (ETH) and Solana (SOL), which he considers as “safe assets” along with gold and silver.
Kiyosaki’s confidence in his prediction stems from his criticism of the US economic management under leaders like President Joe Biden, Federal Reserve Chair Jerome Powell, and Treasury Secretary Janet Yellen, whom he referred to as “puppets”. Despite his conviction, the cryptocurrency community remains divided on the feasibility of such a drastic price increase for Bitcoin within a short timeframe.
It is important to note that the views expressed by Kiyosaki and others in this article are for informational purposes only and should not be considered as financial or investment advice. Investing in cryptocurrencies carries inherent risks of financial loss.