Renowned financial expert Robert Kiyosaki, known for his groundbreaking book “Rich Dad, Poor Dad,” recently made a bold prediction about the price of Bitcoin on social media. He forecasted that the value of BTC would soar above US$100,000 in the coming months, reaching an impressive $350,000 by August 25, 2024.
While some may view Kiyosaki’s prediction as mere speculation, he emphasized 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 previous estimations of US$100,000 by June and US$300,000 by the end of 2024. Currently, Bitcoin is trading around US$71,000, still shy of its all-time high of US$73,700.
In addition to his bullish stance on Bitcoin, Kiyosaki remains a staunch advocate of other cryptocurrencies like Ethereum (ETH) and Solana (SOL), which he recently classified as “safe assets” alongside gold and silver. Encouraging his followers to invest in these assets as a hedge against potential devaluation of the US dollar, Kiyosaki continues to accumulate Bitcoin, Ethereum, and Solana, convinced of their upward trajectory.
Kiyosaki’s confidence in his prediction is rooted in his critique of US economic policies, particularly singling out figures like President Joe Biden, Federal Reserve Chairman Jerome Powell, and Treasury Secretary Janet Yellen as “puppets.” Despite his unwavering belief, the crypto community remains divided on the feasibility of such a price surge for Bitcoin in such a short span of time, citing the lack of significant catalysts.
Disclaimer: The opinions expressed by the author and individuals mentioned in this article are for informational purposes only and should not be construed as financial or investment advice. Trading or investing in cryptocurrencies carries inherent risks of financial loss.
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