Renowned financial expert Robert Kiyosaki, known for his bestselling book “Rich Dad, Poor Dad,” recently took to social media to share a bold prediction about the price of Bitcoin. He confidently stated that he believes Bitcoin will surpass the $100,000 mark in the near future, with a projected value of $350,000 by August 25, 2024.
While some may view Kiyosaki’s prediction as speculative, he insists that it is not a falsehood but rather a goal, dream, and desire. This optimistic outlook on the future of the leading cryptocurrency surpasses his previous forecasts, where he estimated Bitcoin reaching $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.
In addition to his bullish stance on Bitcoin, Kiyosaki remains a strong advocate for other cryptocurrencies like Ethereum and Solana, which he considers safe assets alongside gold and silver. He continues to invest in these digital assets, believing that their prices will continue to rise and urging his followers to do the same to hedge against the potential devaluation 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 referred to as “puppets.” Despite his conviction, the cryptocurrency community remains divided on the feasibility of such a significant price increase for Bitcoin in a relatively short period.
It’s important to note that the views expressed by Kiyosaki and others mentioned in this article are for informational purposes only and should not be construed as financial advice. Investing in cryptocurrencies carries inherent risks, and individuals should exercise caution when making financial decisions in this volatile market.