Rich Dad Poor Dad Author Predicts Bitcoin to Hit $250,000 This Year, Here’s Twist

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Financial expert and Bitcoin advocate, Robert Kiyosaki, famous for penning the influential financial guide “Rich Dad Poor Dad,” once again expresses optimism regarding Bitcoin’s potential price increase.

However, this time, it is slightly lower than his earlier expectations about BTC for this year.

I “predict $250,000 this year”: Kiyosaki

Earlier today, Robert Kiyosaki shared a tweet as Bitcoin, the globally recognized cryptocurrency, soared to reach the $100,500 mark. In his tweet, he simply stated: “Bitcoin exceeds $100,000,” further expressing his belief that it will climb even higher, reaching $250,000 this year. He also mentioned that he is actively increasing his investment in Bitcoin.

BITCOIN over $100k

Predict $250 k this year.

Buying more

— Robert Kiyosaki (@theRealKiyosaki) January 16, 2025

A number of analysts concurred with Kiyosaki’s forecast, implying that if the newly elected U.S. president truly follows through on creating a Strategic Bitcoin Reserve as stated during the campaign, Bitcoin’s value might reach an astounding $350,000 and potentially rise even further.

In the autumn of 2024, Kiyosaki expressed his admiration for Michael Saylor’s approach to Bitcoin, which involved amassing and holding onto Bitcoin extensively, on Twitter. He attempted to emulate this strategy, albeit on a more modest scale. Additionally, he concurred with Saylor that by the year 2034, the value of a single Bitcoin could reach $12 million because it would have eroded gold’s market dominance at that point.

Here’s the twist in Kiyosaki’s Bitcoin strategy

Interestingly, in a statement made last November, Robert Kiyosaki expressed that when Bitcoin reached $100,000, he would cease accumulating it as it wouldn’t be the right time “to act greedy.” However, now it appears that he has changed his stance and is actually increasing his Bitcoin purchases with plans to continue doing so.

In December 2024, the author of “Rich Dad Poor Dad” made multiple predictions that Bitcoin would experience a significant surge in 2025, potentially reaching an astounding $350,000 per coin. One of these predictions suggested that BTC could dip as low as $175,000 this year but still have strong chances of climbing up to $350,000 by the end of 2025.

In December, Kiyosaki critically commented on Larry Fink, CEO of BlackRock, regarding the significant withdrawals from their Bitcoin ETF at that time. Two of the largest withdrawals since the ETF was launched occurred in December. Kiyosaki suggested that BlackRock deliberately sold Bitcoin to keep its price under $100,000, allowing large investors (whales) to purchase more Bitcoin.

Robert Kiyosaki is recognized for his long-standing investment in Bitcoin, gold, and silver, and he advocates that these assets serve as reliable sanctuaries during economic turmoil.

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2025-01-16 17:40