Renowned financial expert Robert Kiyosaki, known for his bestselling book “Rich Dad, Poor Dad,” recently took to social media to make a bold prediction about the price of Bitcoin. He confidently stated that he believes Bitcoin will surpass $100,000 in the near future, with a projected value of $350,000 by August 25, 2024.
While some may view Kiyosaki’s prediction as mere speculation, he insists that it is not a lie, but rather a goal, dream, and desire. This optimistic outlook on the future of the leading cryptocurrency surpasses his previous estimates of $100,000 by 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.
In addition to his bullish stance on Bitcoin, Kiyosaki also voiced his support for other cryptocurrencies like Ethereum and Solana, which he considers to be safe assets alongside gold and silver. He continues to invest in Bitcoin, Ethereum, and Solana, believing that their prices will only continue to rise, providing a hedge against the potential depreciation of the US dollar.
Kiyosaki’s confidence in his prediction is fueled by his criticism of US economic policies and leadership, particularly targeting President Joe Biden, Federal Reserve chair Jerome Powell, and Treasury Secretary Janet Yellen, whom he refers to as “puppets.” However, the cryptocurrency community remains divided on the feasibility of such a significant price increase for Bitcoin in such a short period of time, citing the lack of catalysts to drive such growth.
It is important to note that the views expressed by Kiyosaki and others in this article are for informational purposes only and do not constitute financial advice. Investing in cryptocurrencies carries inherent risks of financial loss, and caution should be exercised when making investment decisions.
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