thecoinrepublic.com
Robert Kiyosaki, renowned author of the worldwide bestseller “Rich Dad Poor Dad,” recently dropped a bold prediction for Bitcoin (BTC) price.
Kiyosaki, known for his outlandish Bitcoin forecasts, predicted that Bitcoin will reach the $350,000 level by 2025.
Robert Kiyosaki and the New BTC Price Target
Bitcoin price has been trading at $93,981, down by 1.9% in the last 24 hours. The leading cryptocurrency faces minor corrections after failing to surpass the much-coveted $100,000 mark.
Despite the recent decline, Kiyosaki told his 2.6 million followers on social media X that Bitcoin will reach $350,000 in 2025.
The renowned author disclosed his intentions to continue buying Bitcoin because he believes the coin would keep going higher.
Kiyosaki argued that BlackRock, the world’s largest asset manager, is suppressing Bitcoin’s price so whales can purchase below $100,000.
While the author pledged to continue buying Bitcoin, he said he would not trust Bitcoin in BlackRock’s ETF.
“I love Bitcoin in my own wallet,” Kiyosaki noted.
It is important to note that BlackRock has a major stake in Bitcoin. Many market players are concerned that the firm’s moves could impact Bitcoin’s price.
For Kiyosaki, he opined that BlackRock’s CEO Larry Fink is dumping Bitcoin.
He reminded his followers that American entrepreneur and politician Vivek Ramaswamy had warned Larry Fink is a Marxist.
“Vivek warned Fink & Black Rock are Share Holder Capitalist, not Stake Holder Caplitist,” says Kiyosaki.
The Resounding Warning to Buy Bitcoin
Earlier in the month, Kiyosaki predicted a major global market crash and economic depression in the near future.
He forecasted a slump in global economies like Europe, China, and the United States while advising consumers to exercise caution with their wealth.
Rather than holding fiat money, he urged his followers to acquire Bitcoin before that happened.
Kiyosaki has stayed positive on Bitcoin despite its inherent volatility.
He urged individuals to keep their employment and money, underlining that Bitcoin is a dependable investment that maintains its value regardless of economic shifts.
Kiyosaki has repeatedly pointed out that BTC is not under any government’s control, and its total quantity is limited. He claims these characteristics increase the probability of higher growth.
Earlier this year, the author of the “Rich Dad Poor Dad” book claimed Bitcoin would have skyrocketed to $500,000 by 2025. He further predicted that Bitcoin could hit $1 million by 2030.
This latest $350,000 call is a modest projection for the coin.
Bitcoin Price Catalysts to Watch
2024 remains a defining year for Bitcoin, with prices soaring to record highs despite underlying turbulence. As the cryptocurrency heads into 2025, key catalysts could fuel its rise in the future.
These include renewed interest in the spot Bitcoin Exchange-Traded Fund (ETF) market, Macroeconomic data, Fed policies, and geopolitical events.
These factors will continue to the future trajectory of the leading cryptocurrency.
While Bitcoin’s future remains bright, it is still unpredictable. As 2024 has shown, Bitcoin’s resilience and ability to thrive amidst uncertainty will likely keep it at the forefront of the financial landscape.
Investors are advised to remain vigilant as 2025 could bring even more twists to this digital asset’s incredible journey.