Renowned financial expert Robert Kiyosaki, known for his bestselling book “Rich Dad, Poor Dad,” recently shared a bold Bitcoin price forecast on social media. He predicted that the value of BTC would soar well above $100,000 in the upcoming 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 a goal, a dream, and a desire rather than a falsehood. This optimistic outlook on the future of the leading cryptocurrency surpasses his earlier forecasts of BTC hitting $100,000 in June and $300,000 by the end of 2024. Currently, BTC is trading around $71,000, still shy of its all-time high of $73,700.
In addition to his bullish stance on Bitcoin, Kiyosaki continues to champion other cryptocurrencies such as Ethereum (ETH) and Solana (SOL), which he recently included in his roster of “safe assets” alongside gold and silver. He urged his followers to consider investing in these assets to hedge against potential devaluation of the US dollar.
Kiyosaki’s confidence in his prediction is fueled by his criticism of US economic policies and key figures like President Joe Biden, Federal Reserve Chairman Jerome Powell, and Treasury Secretary Janet Yellen, whom he dubbed as “puppets.” Despite his conviction, the crypto community remains divided on the feasibility of such a steep price surge for BTC in such a short timeframe, citing the lack of significant catalysts.
It is important 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.