Robert Kiyosaki, the famous author of the book “Rich Dad Poor Dad”, predicted the potential of Bitcoin amid growing expectations for the approval of a Bitcoin ETF. According to his prediction, the price will rise to $135,000. Here are the details…
Kiyosaki shared his Bitcoin prediction
On Friday, Kiyosaki took to X (formerly Twitter) to share his latest thoughts on the financial markets, causing a stir in the cryptocurrency community. The famous author began by highlighting the precious metals market, specifically Gold, stating that it is on the verge of a significant breakthrough as its price approaches the $2,100 mark. He stated that gold could continue its rise and eventually reach a significant value of $3,700, becoming an attractive possibility for investors. But Kiyosaki’s enthusiasm extends beyond traditional assets.
Despite Bitcoin’s recent price fluctuations, the leader expressed his unwavering confidence in the cryptocurrency. He boldly declared that the next major milestone for Bitcoin is a staggering $135,000. This prediction marks one of his most ambitious predictions to date, eclipsing his previous prediction from July when he predicted the possibility of Bitcoin reaching $120,000 in the near future. At the time of Kiyosaki’s post, Bitcoin was trading at approximately $29,519.70 and was up 3.43% in the last 24 hours, highlighting its potential to reach the $30,000 milestone soon.
Kiyosaki’s prediction is critical
Kiyosaki’s predictions sparked controversy within the cryptocurrency community, with some market experts drawing parallels with Standard Chartered Bank’s predictions about the future of Bitcoin. The bank had previously predicted that Bitcoin could reach $50,000 by the end of this year and potentially touch $120,000 by the end of 2024. Notably, Bitcoin experienced a new price increase this week, rising by 4% and briefly surpassing the $30,000 threshold.
This success added weight to Kiyosaki’s predictions, marking the first time Bitcoin reached this level since August 2023. Additionally, a report from Matrixport pointed to the potential for Bitcoin to rise to $56,000 if Blackrock’s Bitcoin ETF receives approval. Bitcoin was trading at $29,547.90 at the time of writing.
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