Robert Kiyosaki, author of the book “Rich Dad, Poor Dad”, commented on the recent post of Ark Invest founder Cathie Wood on the X social media network. Bitcoin Extremely bullish price prediction for the price supported.
Kathie Wood quarantees Bitcoin will hit $2.3 million per BTC. Do I believe her? Yes I do. Kathie Wood is very smart. I trust her opinion. Could she be wrong? Yes. She could be. So what? The more important question is “What do you believe?” What if Kathie is right? What if…
NEWS CONTINUES BELOW— Robert Kiyosaki (@theRealKiyosaki) April 11, 2024
According to Ark Invest’s annual “Big Ideas” research report, it is predicted that the BTC price could rise to $2.3 million. To support this estimate, the renowned investment management firm estimates the value of the global investment base to be approximately $250 trillion. But to achieve this goal, the flagship cryptocurrency will need a 19.4% allocation in existing global investment portfolios.
Cathie Wood, recently strengthened his bet by predicting that the Bitcoin price could rise up to $3.8 million. For this prediction to come true, institutional investors must convert at least 5% of their portfolios into BTC.
Wood predicted that Bitcoin could potentially reach $1.5 million following the approval of spot-based exchange-traded funds in January.
Despite Wood’s boldness about his Bitcoin goals being deemed unreasonable by some critics, Robert Kiyosaki encouraged and praised him for making such bold predictions:
“The richest and happiest people in the real world are those who accept their mistakes and learn from them.”
Regardless of whether Wood is proven right as a controversial stock picker, Kiyosaki believes his insights into Bitcoin will help listeners get a better education.
Kiyosaki predicted that the top cryptocurrency could reach the $300,000 level in 2024.
