Renowned financial expert Robert Kiyosaki, known for his best-selling 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 surpass $100,000 in the upcoming months, with a target of $350,000 by August 25, 2024.
Although some may view Kiyosaki’s prediction as mere speculation, he emphasized that it is not a falsehood but rather a goal, dream, and desire. This optimistic outlook on the future of the leading cryptocurrency exceeds his previous estimations of $100,000 by June and $300,000 by the end of 2024. Currently, Bitcoin is trading around $71,000, still a distance from its all-time high of $73,700.
In a tweet, Kiyosaki reiterated his belief in Bitcoin’s potential, along with his support for other cryptocurrencies like Ethereum and Solana, which he considers safe assets alongside gold and silver. He encouraged his followers to invest in these digital currencies to hedge against the potential devaluation of the US dollar.
Kiyosaki’s confidence in his prediction stems from his criticism of US economic policies and leadership, singling out President Joe Biden, Federal Reserve Chair Jerome Powell, and Treasury Secretary Janet Yellen as “puppets.” Despite his conviction, the cryptocurrency community remains divided on the feasibility of such a significant price increase in such a short timeframe, considering the lack of major catalysts.
It is essential 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, and caution should be exercised.