Author of “Rich Dad Poor Dad,” Robert Kiyosaki, Forecasts Bitcoin to Reach $100K by June 2024

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Renowned author Robert Kiyosaki, widely known for his bestselling book “Rich Dad Poor Dad,” has set the cryptocurrency community abuzz by forecasting Bitcoin’s value to surge to $100,000 by June 2024.

BTC to $100k by June 2024.

In a recent tweet post, Kiyosaki shares his bullish prediction on Bitcoin’s price, stating that Bitcoin will reach $100k by June 2024. Meanwhile, this optimistic outlook further solidifies Kiyosaki’s consistent support for assets like gold, silver, & Bitcoin.

This isn’t the first time Kiyosaki has been bullish about Bitcoin, earlier on February 15, he expressed concern about the Federal Reserve’s impact on the U.S. economy. He criticized the Fed for allegedly harming the financial well-being of the poor and middle class while benefiting wealthy banking institutions. 

In a straightforward tweet, he stated, “Don’t Fight the Fed? I say ‘F the Fed.’ Buy gold, silver, Bitcoin.”

Perhaps these comments come at a time when Bitcoin is experiencing notable growth, with a remarkable 10% increase over the past week, reaching the $52,302 mark.

Why It Matters

Further highlighting the upcoming Bitcoin halving event scheduled for April 2024, Kiyosaki encourages his followers to closely monitor this significant occurrence, which reduces the rate of new Bitcoin creation approximately every four years. 

His support of Bitcoin investment aligns with his acknowledgment of financial planners shifting their approach, moving clients towards Bitcoin rather than steering away for commission-based gains.

Bitcoin’s Price Analysis 

Kiyosaki’s bold predictions come amid an impressive surge in Bitcoin’s value, recently reaching a 26-month high of $52,000. Notably, Bitcoin has experienced a remarkable 23% gain since the beginning of the year. 

However, for Kiyosaki’s $100,000 target to materialize, Bitcoin faces the substantial challenge of a 92.17% surge within the next three months and 14 days. As of now, Bitcoin is trading 0.9% higher at $52,337.55.