Amid a confluence of market optimism and favorable conditions, popular Bitcoin investor and acclaimed author of “Rich Dad Poor Dad” Robert Kiyosaki, in a striking prediction, predicted that BTC will reach an astonishing $350,000 by August this year.
This projection from Kiyosaki demonstrates his strong belief in the largest cryptocurrency asset by market capitalization as a store of value and promising alternative investment during times of economic uncertainty.
Massive Gains Looming for Bitcoin
The “rich dad, poor dad” The author, Robert Kiyosaki, shared the intriguing predictions for Bitcoin on the X platform (formerly Twitter). His predictions come at a time when optimism and technological developments are supporting the cryptocurrency sector, indicating that Bitcoin could be poised for historically high increases in the coming months.
According to Kiyosaki, the value of BTC will reach $350,000 by August 25, 2024, and that is not a lie. Rather, it is a prediction, a speculation and an opinion, as he believes that no prediction about the future is wrong. Kiyosaki further highlighted his desire for the crypto asset to achieve the aforementioned goal. “I want $350,000 worth of Bitcoin to be a fact, and I want it to be true, but it’s just a prediction,” he said.
Although the author is confident that BTC will reach $350,000 within the year, this is just a goal, a wish and a dream. This is due to the uncertainty and volatility surrounding digital assets, as their trajectory cannot be fully determined. Despite all this, Kiyosaki emphasized his commitment to acquiring more BTC and other notable cryptocurrencies such as Ethereum (ETH) And Solana (SOL)citing its confidence in these assets to continually attract significant gains in the near future.
The author’s main purpose in making such a decision is due to his confidence in the incompetence of the current leaders of the United States, such as President Joe Biden, Treasury Secretary Janet Yellin, and Chairman of the Federal Reserve Jerome H Powell.
Kiyosaki actually claims that these leaders of the nation are the 3-Stooges, and he is very certain that they are completely incompetent. He therefore urged the community and his supporters to protect themselves from these 3-Stooges by purchasing more products. BTCEthereum, Solana, Gold and Silver.
Strong confidence in the growth of the value of BTC
Distinguished for his book “Rich Dad Poor Dad” Robert Kiyosaki has been a strong supporter of Bitcoin, citing several price targets over time. In April, Kiyosaki publicly expressed alignment with Ark Invest Chief Executive Officer (CEO) Cathie Wood’s bold prediction that Bitcoin would reach $2.3 million.
Wood claims that by investing more than 19% of global assets, worth a staggering $250 trillion, into BTC, it could reach an all-time high of $2.3 million. Although this prediction seems unreasonable, Kiyosaki is confident about the prediction because he believes Wood is exceptionally intelligent and possesses good judgment.
Featured image from iStock, chart from Tradingview.com
