Renowned financial guru Robert Kiyosaki, best known for his groundbreaking work “Rich Dad, Poor Dad”, recently made a bold prediction about the future price of Bitcoin on social media. He confidently stated that he believes Bitcoin will surge past $100,000 in the coming months, with a projected value of $350,000 by August 25, 2024.
While some may view Kiyosaki’s prediction as mere speculation, he adamantly insists that it is not a falsehood. To him, it is a goal, a dream, and a desire, reflecting his unwavering optimism about the potential of the world’s most famous cryptocurrency. This forecast surpasses his earlier predictions of Bitcoin reaching $100,000 in June and $300,000 by the end of 2024. Currently, Bitcoin is trading around $71,000, still a ways off from its all-time high of $73,700.
In a tweet, Kiyosaki emphasized that his prediction of Bitcoin hitting $350,000 by 2024 is not a lie, but rather a speculative opinion. He hopes for it to become a reality, affirming his belief in the upward trajectory of Bitcoin’s value. In addition to his bullish outlook on Bitcoin, Kiyosaki has also shown support for other cryptocurrencies like Ethereum (ETH) and Solana (SOL), which he considers as “safe assets” alongside gold and silver. He continues to advocate for investing in these assets as a hedge against the potential devaluation of the US dollar.
Kiyosaki’s confidence in his prediction is influenced by his critique of US economic policies, particularly targeting key figures like 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 his bold prediction, citing the lack of significant catalysts that could drive such a substantial increase in Bitcoin’s price within a short timeframe.
It is important to note that the views expressed in this article are for informational purposes only and should not be construed as financial advice. Investing in cryptocurrencies carries inherent risks and potential for financial loss.