Robert Kiyosaki, known as the author of the bestselling book “Rich Dad Poor Dad”, shared an important forecast for the price of Bitcoin. Kiyosaki made the bold prediction that BTC will reach $100,000. Kiyosaki explained that he loves Bitcoin because it is public money and is not controlled by the Fed or the government. Here are the details…
New prediction for Bitcoin price from Kiyosaki: $100,000!
Robert Kiyosaki, a successful American investor, businessman, motivational speaker, and author of the bestselling book “Rich Dad Poor Dad,” recently expressed his admiration for Bitcoin (BTC) and praised its ability to stand the test of time. In a recent tweet, Kiyosaki expressed his appreciation for Bitcoin and cited its independence from governments and financial institutions as one of the main reasons for his positive outlook. Kiyosaki has a bullish bias for Bitcoin due to its independence from these institutions. Kiyosaki states that the moment when the cryptocurrency observed its dramatic climb to $20,000 but fell to zero shortly after was the moment its relationship with Bitcoin began.
WHY I ❤️BITCOIN: Years ago I watched BC climb to $20k then drop to 0. I thought BC finished. Slowly watched BC climb to $6 k & I bought lots. WHY? Because people support BC not FED or Gov. BC did not need FED or Gov bailout because BC people’s money. BC to $100k. Long live BC.
— Robert Kiyosaki (@theRealKiyosaki) April 21, 2023
In the tweet, Kiyosaki said that he watched BTC climb to $20,000 and lost almost all of its value when it dropped below $4,000 a few years ago. The author stated that he bought more of the asset when it climbed to $6,000. So despite the loss, Kiyosaki continued to follow the development of the cryptocurrency and finally made a big purchase when its price reached $6,000. The author thinks that BTC will soon be trading at $100,000. As Cryptokoin.com reported, in February, he predicted that by 2025, the leading cryptocurrency would be worth $500,000, while gold and silver would trade at $5,000 and $500, respectively.
In the past, he has been critical of the government’s fiscal policies and advocated a change in investment techniques to guard against the possibility of an economic slowdown. Kiyosaki’s positive attitude remained the same despite the Bitcoin market experiencing a fair share of volatility. Calling people to see Bitcoin as a viable investment, Kiyosaki emphasizes that Bitcoin has significant return potential and is independent of governments and financial institutions.
Bitcoin equals gold and silver
A strong advocate of financial education, Kiyosaki emphasized the importance of understanding Bitcoin’s potential and its role in the future of finance. Investor BTC sees gold and silver through the same lens and continues to encourage people to buy more in preparation for an impending market crash on the US dollar. Kiyosaki plans to increase his exposure to cryptoassets and precious metals as the Fed, the US Treasury and President Joe Biden are “liars”.
If the cryptocurrency continues to gain popularity, Kiyosaki’s prediction that Bitcoin will reach $100,000 may come true. But for now, Bitcoin has had a rough week and the crypto has slumped to $28,000 amid a general market downturn over the past few days. The asset saw a 2 percent drop in price valuation within 24 hours, while trading volume dropped 1.3 percent over the same period.
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