“Rich Dad Poor Dad” Author Makes Stunning Bitcoin Price Prediction

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As a seasoned crypto investor with a background in finance and economics, I find Robert Kiyosaki’s latest Bitcoin price prediction intriguing but highly unlikely. While I respect his financial acumen and the success of his “Rich Dad, Poor Dad” series, I believe that his recent call for Bitcoin to reach $350,000 by mid-August is an overly optimistic speculation.

Robert Kiyosaki, the renowned American writer behind the “Rich Dad, Poor Dad” financial literature, has left the cryptocurrency world in awe with his recent prediction regarding Bitcoin‘s price.

Robert Kiyosaki anticipates that the primary cryptocurrency could reach $350,000 by mid-August according to his estimate. He clarified, “This is merely a forecast, an assumption, and an perspective, but it’s not a falsehood. It might be enticing, yet it’s not a falsehood since any statement regarding future events isn’t inherently untrue.”

The American businessman is “certain” that Bitcoin will keep rising alongside Ethereum and Solana.

Some supporters of Kiyosaki were perplexed by the proposed price objective for Bitcoin, given that its current value hovers around the $71,000 mark.

To reach the extremely optimistic projection, Bitcoin must experience a significant gain of approximately 400% in the upcoming two-month period. While there has been recent buzz about increasing Bitcoin ETF investments, this level of growth seems rather improbable.

At the moment, the biggest cryptocurrency is being traded for around $70,914 on the Bitstamp platform, having reached a peak of $71,740 previously.

According to a report from U.Today, Mike Novogratz of Galaxy Digital anticipates Bitcoin could hit $100,000 or more this year if it surpasses the current price of around $73,000. Tom Lee of Fundstrat envisions Bitcoin possibly reaching $150,000. Nevertheless, most dedicated Bitcoin bulls acknowledge that Robert Kiyosaki’s prediction would be excessively optimistic.

In April, Robert Kiyosaki, the writer of “Rich Dad Poor Dad,” voiced his support for Cathie Wood’s Ark Invest team and their suggested long-term investment target of $2.3 million.

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2024-06-06 12:10