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ZyCrypto 2024-12-19 05:30:34

Here’s When Bitcoin Will Hit Massive $350,000 Price Tag, According To ‘Rich Dad Poor Dad Author’

Here’s When Bitcoin Will Hit Massive $350,000 Price Tag, According To ‘Rich Dad Poor Dad Author’

The crypto market is not short of ambitious six-figure Bitcoin targets, and Robert Kiyosaki, the author of the personal finance book Rich Dad Poor Dad, known for years as a Bitcoin bull, remains optimistic about 2025. While Bitcoin has slumped after setting a new all-time high above $108,000 on Tuesday, Kiyosaki still thinks BTC can reach $350,000 next year. Robert Kiyosaki Sees $350K Bitcoin In 2025 In a post on X, Robert Kiyosaki reminded his 2.6 million followers that Donald Trump, the first-ever Bitcoin president in the United States, was reelected into office last month. During his 2024 election campaign, Trump made several crypto-related promises, including establishing a strategic Bitcoin stockpile. The concept has since picked up steam both in the U.S. and abroad. While there have been plenty of discussions and proposals, lawmakers have yet to review in detail a clear roadmap and timeline for the enactment of the national BTC reserve. Nevertheless, Kiyosaki believes the premier crypto Bitcoin will skyrocket to a new epic high in 2025 and reach a staggering $350,000 per BTC. Thus, he said, it makes sense to acquire more Bitcoin. “BITCOIN to $350K in 2025. OWN more BITCOIN in 2025,” Kiyosaki posited. Interestingly, a Bitcoiner created a poll to find out whether other Kiyosaki followers believe the flagship crypto will indeed reach $350,000 heights next year. Although only a handful of X users responded to the poll, the majority of the responders are skeptical of the sky-high price target. Are Kiyosaki’s Bitcoin Predictions Reliable? Since May. 2020, Kiyosaki has been a huge advocate for asset classes that cannot be directly manipulated by the Fed, having once advised investors to “Get Bitcoin and save yourself” after the Fed launched its mass money printing sprees to bolster the economy during the pandemic. It’s worth noting that Kiyosaki has a rather questionable track record of predicting Bitcoin’s price. Back in June, the best-selling author predicted that Bitcoin would be worth $350,000 by August. We are already in December, and the crypto’s current all-time high stands at $108,135 following the parabolic rally witnessed in recent weeks. Kiyosaki recently suggested that BTC was headed to $500,000 in 2025 and then climb past $1 million by 2030. In his belief, the gargantuan price appreciation would be triggered by artificial intelligence (AI) dramatically disrupting the global financial sector. As of the time of writing, Bitcoin trades at $101,046, down roughly 2.7% over the last 24 hours.

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