Rich Dad Poor Dad author Robert Kiyosaki says bitcoin is “on fire,” predicting that the crypto will hit $300K this year. Bitcoin surged to a new all-time high this week, fueled by soaring demand for spot bitcoin exchange-traded funds (ETFs).
Rich Dad Poor Dad Author Robert Kiyosaki: Bitcoin 'on Fire' — BTC Headed for $300K This Year
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Robert Kiyosaki: Bitcoin Is on Its Way to $300K
The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with another bullish prediction about bitcoin’s price. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
The famous author took to social media platform X Wednesday, calling bitcoin “on fire.” He emphasized that procrastination is the biggest mistake investors can make, urging them to start buying BTC, even if it’s only for $500. Kiyosaki stressed that bitcoin is on track to reach $300,000 per coin this year.
The price of bitcoin soared this week, breaking its all-time high, fueled by massive demand for spot bitcoin exchange-traded funds (ETFs). Following the approval of spot bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC), the famous author increased his BTC holdings.
Last month, Kiyosaki predicted that bitcoin will reach $100,000 by June. He clarified that a BTC price drop wouldn’t deter him, as he would view it as a buying opportunity. Many people expect the price of bitcoin to increase substantially after the halving in April. Bitwise’s CIO, for example, anticipates BTC rising to $200K this year.
The acclaimed author has consistently advocated for bitcoin as protection against wealth erosion caused by the Federal Reserve, governmental policies, and Wall Street financiers. In January, he cautioned investors about the ballooning U.S. national debt and suggested purchasing bitcoin as a potential safeguard. Kiyosaki foresees a worldwide economic decline and the potential collapse of the American empire, drawing parallels to the decline of the Roman Empire.
Do you think the price of bitcoin will hit $300K this year like Kiyosaki said? Let us know in the comments section below.
