Rich Dad Poor Dad author Robert Kiyosaki expects the price of bitcoin to reach $100,000 by June this year. This prediction aligns with his earlier forecast of bitcoin’s rise and gold’s decline. Kiyosaki recently increased his bitcoin holdings in anticipation of a price surge fueled by the recent approval of spot bitcoin exchange-traded funds (ETFs) and the upcoming Bitcoin halving.
Robert Kiyosaki Expects Bitcoin to Hit $100K by June This Year
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Robert Kiyosaki’s $100K Bitcoin Prediction
The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with another bullish prediction about the price of bitcoin. 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 wrote on social media platform X on Sunday afternoon that the price of BTC will rise to $100,000 by June 2024.
Last week, he wrote on X that he expects bitcoin and silver to take off while gold will crash below $1,200. At the time of writing, bitcoin is trading at $51,798.
The acclaimed author has also been issuing warnings about the U.S. economy, likening its potential collapse to that of the Roman empire, without expecting a soft landing. He has additionally forecasted imminent crashes in both the stock and bond markets. Moreover, he has expressed concerns that the next crash could spiral into a depression.
In a recent warning, the author urged investors to buy BTC in response to the U.S. government’s growing debt. He later emphasized the cryptocurrency’s potential to protect “against the theft of our wealth via our money.” Following the approval of spot bitcoin exchange-traded funds (ETFs), he revealed that he had increased his bitcoin holdings. He believes BTC will soon hit $150K, advising investors to pay attention to the upcoming Bitcoin halving.
Kiyosaki isn’t the only one bullish on bitcoin post-halving. David Stryzewski, an investment advisor representative and the CEO of Sound Planning Group, said last week that bitcoin is priced for a serious rally. A panel of experts at Finder, a comparison portal, has predicted that the price of BTC will exceed $77,000 this year.
Meanwhile, venture capitalist Tim Draper has doubled down on his $250,000 bitcoin price prediction for this year. Fundstrat’s head of research said bitcoin is headed for $150K and could hit $500K in five years. Cathie Wood’s investment management firm, Ark Invest, sees a higher probability of bitcoin price soaring to $1.5 million per coin. Standard Chartered said BTC could hit $200K in 2025. Asset manager Bitwise expects BTC to surpass $80K this year while competing firm Vaneck said: “ Bitcoin will make an all-time high in Q4 2024, potentially spurred by political events and regulatory shifts following a U.S. presidential election.”
Do you think bitcoin will hit $100K by June this year as Rich Dad Poor Dad author Robert Kiyosaki stated? Let us know in the comments section below.
