Bitcoin
Robert Kiyosaki confident that Bitcoin will reach US$350,000 by August 2024, see how
Robert Kiyosaki, financial guru and author of Rich Dad, Poor Dad, has made a surprising prediction for the price of Bitcoin (BTC) over the next two months.
In a recent tweetKiyosaki said he is confident that BTC will be worth $350,000 by August 25.
BTC will reach $350,000 in August
Kiyosaki said that although his prediction may be “idiot bait,” speculation and an opinion, it is not a lie because any prediction about the future is not false. However, the Rich Dad Poor Dad author revealed that he wanted the $350,000 BTC prediction to come true.
As a supporter and proponent of Bitcoin for years, Kiyosaki has praised cryptocurrency, alongside gold and silver, as an indispensable asset for individuals and entities who want survive the imminent fall of the United States dollar.
Earlier this year, he foreseen that BTC would reach $100,000 in June 2024 and $300,000 by the end of the year. At the time of writing, BTC has not yet surpassed its all-time high of $73,700 and hovered about $71,000. However, all hope is not lost as the crypto market is known for its extreme pumps and could bring a surprise that would make BTC surpass the predicted price within hours or days.
Kiyosaki’s latest prediction is an improvement on his previous one forecast of BTC at $300,000 by the end of the year. The absence of a major Bitcoin event or update that could trigger a rally strong enough to push BTC past $300,000 in the next two months raises the question of the source of Kiyosaki’s confidence in such a prediction.
The financial guru attributed his confidence to the incompetence of US leaders, including President Joe Biden, Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen. While Kiyosaki’s BTC prediction remains wishful thinking, he said he was right about the incompetence of American leaders, who he labeled as puppets.
Kiyosaki endorses ETH and SOL
Interestingly, Kiyosaki added Ethereum (ETH) and Solana (SOL) to his list of safe assets, along with gold, BTC, and silver. He urged his followers to buy more cryptocurrencies and precious metals to protect themselves from the three puppets.
“I am confident that Bitcoin will reach $350,000 sometime in 2024, but it is just a goal, a dream and a wish. I continue to buy more Bitcoin, Ethereum and Solana, because I am sure their prices will continue to rise,” said Kiyosaki.