Rich Dad Poor Dad Author Sets Epic $500,000 Bitcoin Price Target As BTC Rebounds Above $98K

3 hours ago 1
ARTICLE AD BOX

Bitcoin Stable At $9.5K After Sharp Price Drop, Is $10K Still The Target?

Think you’re too late to Bitcoin? You’ve still got time, according to prominent businessman and best-selling author of Rich Dad Poor Dad Robert Kiyosaki, who forecasts sizable gains still to come.

Impending Massive Gains For Bitcoin

In a Nov. 25 post to his 2.6 million followers on X, Kiyosaki claimed that artificial intelligence (AI) predicts that Bitcoin’s price could rocket to the $500,000 mark in 2025. Kiyosaki did not specify which AI computational model he used to make his jaw-droppingly bullish prognostication.

In a post the day before, Kiyosaki called MicroStrategy co-founder Michael Saylor a “genius,” adding that he was following the uber-bull’s Bitcoin investment plan. Although not to Saylor’s dollar size, the famed author noted that the BTC investment has made himself and his employees much richer.

Since as early as May 2020, Kiyosaki has been an evangelist for asset classes that the U.S. Federal Reserve cannot manipulate directly, having once told investors to “Get Bitcoin and save yourself” after the Fed’s immediate money printing spree in response to the coronavirus-induced financial crisis.

Bitcoin was changing hands for $94,801 as of press time, after paring some of its gains from earlier last week. The premier crypto witnessed a notable decline on Sunday, which triggered roughly $500 million in liquidations after failing to top the highly-coveted $100,000 milestone.

Strong Belief In BTC’s Value Growth

Kiyosaki’s prediction comes at a time when optimism and regulatory developments post-Donald Trump win are bolstering the crypto market, suggesting that Bitcoin may be ready for a legendary bull run in the coming months.

While Kiyosaki is confident BTC will reach $500,000 sometime next year, his prediction should be taken with a large grain of salt. Earlier in April, Kiyosaki publicly said he supported Ark Invest CEO Cathie Wood’s bold forecast for Bitcoin to hit $2.3 million. He ended up endorsing Michael Saylor’s audacious price target of $13 million per BTC days ago. 

Kiyosaki even predicted in June that Bitcoin was going to $350,000 this August. However, that prognosis failed to come true.

Read Entire Article