Renowned financial expert Robert Kiyosaki, known for his bestselling book “Rich Dad, Poor Dad,” recently made a bold prediction on the price of Bitcoin. Through a social media post, Kiyosaki forecasted that the value of BTC would surpass $100,000 in the near future, aiming for a staggering $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 Bitcoin surpasses his previous estimations, where he anticipated the cryptocurrency hitting $100,000 in June and $300,000 by the end of 2024. Currently, Bitcoin is trading around $71,000, still below its all-time high of $73,700.
Kiyosaki’s confidence in Bitcoin extends to other cryptocurrencies like Ethereum (ETH) and Solana (SOL), which he considers safe assets alongside gold and silver. He continues to invest in these digital assets, believing that their prices will continue to climb and urging his followers to do the same to safeguard against potential depreciation of the US dollar.
The basis of Kiyosaki’s prediction lies in his critique of US economic management, particularly targeting key figures such as President Joe Biden, Federal Reserve Chair Jerome Powell, and Treasury Secretary Janet Yellen, whom he refers to as “puppets.” While Kiyosaki remains steadfast in his forecast, the cryptocurrency community is divided on its feasibility without significant catalysts to drive such a substantial price surge in Bitcoin within a short timeframe.
It is important to note that the opinions expressed in this article are for informational purposes only and do not constitute financial advice. Investing in cryptocurrencies carries inherent risks of financial loss.