Robert Kiyosaki Bullish on Bitcoin, Predicts $100k by June 2024
Robert Kiyosaki, author of the best-selling financial book “Rich Dad Poor Dad,” has once again made a bullish case for bitcoin price. On Sunday, he took to X (formerly Twitter) to declare, “BITCOIN to $100k by June 2024.” This bullish forecast further cements his position as a prominent advocate for cryptocurrency and “hard assets” like gold and silver.
Kiyosaki’s Stance on Bitcoin and Monetary Policies
Kiyosaki’s stance aligns with his long-standing criticism of the Federal Reserve and its monetary policies. He frequently accuses the Fed of harming the economy and favoring the wealthy. In a previous tweet, he stated, “Don’t Fight the Fed? I say ‘F the Fed.’ Buy gold, silver, Bitcoin.”
This criticism extends to traditional financial advisors, who Kiyosaki claims steered clients away from Bitcoin and other hard assets to earn commissions. He recently celebrated a perceived shift in their stance, suggesting they are finally warming up to Bitcoin’s potential.
Bitcoin’s Current Price Trend
Bitcoin Price Continues to Hover Above $52,000
Kiyosaki’s $100k prediction by June arrives as Bitcoin enjoys a strong price rally. The cryptocurrency recently hit a 26-month high of $52,000, representing a nearly 23% gain so far this year. However, reaching Kiyosaki’s target would require a significant jump of over 92% in just over three months.
While Kiyosaki’s predictions often garner attention, it’s crucial to remember that they are just that – predictions.
Earlier last week, Kiyosaki warned in a tweet, “The S&P is about to crash by 70%. Don’t be a loser. Choose your financial advisors carefully. Prepare for the biggest crash in history.”
As of writing, Bitcoin is trading slightly above $52,400, as per CoinGecko data.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
