Rich Dad Poor Dad Author Robert Kiyosaki Reveals Ambitious Bitcoin Price Prediction Following BTC's $30,000 Breakout
Best-selling finance author Robert Kiyosaki anticipates a meteoric rise for Bitcoin (BTC) following its breakthrough of the crucial psychological level of $30,000.
The author of "Rich Dad Poor Dad" shared his views with his 2.4 million followers on the social media platform X, stating that he believes hard assets like gold, Bitcoin, and silver are on the verge of significant upswings.
Kiyosaki's predictions include the following:
- Gold is expected to surpass $2,100 and then surge higher, potentially reaching $3,700.
- Bitcoin, currently testing the $30,000 level, has the potential to reach $135,000.
- Silver, currently at $23 per ounce, could rise to $68 per ounce.
As of the time of writing, Bitcoin is trading at $30,121. Achieving Kiyosaki's target would represent a potential increase of about 350% for BTC.
Kiyosaki also emphasizes that people who save in US dollars and do not accumulate hard assets may suffer from ongoing inflation. He points out the contrast between the rich and the middle class, stating that inflation tends to make the rich wealthier because they save in assets like gold, silver, and Bitcoin, which retain their value.
He also mentioned the potential impact of a central bank digital currency (CBDC) introduced by the Federal Reserve. Kiyosaki believes that privacy may be compromised and urges people to start saving in "GSBC" (gold, silver, Bitcoin, and cash) before the introduction of a CBDC, as these assets could become invaluable when that occurs.
Oct 24, 2023
