Summary:
Robert Kiyosaki predicts Bitcoin will reach $350,000 by 2025.
Criticizes BlackRock for "dumping Bitcoin" and suppressing prices.
Plans to continue buying Bitcoin due to its expected rise in a volatile economy.
Kiyosaki cites a pro-Bitcoin president as a key factor for future growth.
Previously predicted Bitcoin could hit $500,000 by 2025 and $1 million by 2030.
Kiyosaki's Bitcoin Buying Strategy
Robert Kiyosaki, the renowned author of "Rich Dad Poor Dad," has taken to Twitter to express his unwavering commitment to Bitcoin. He has criticized BlackRock CEO Larry Fink, claiming that the firm is "dumping Bitcoin" amid significant outflows from its IBIT spot ETF, totaling $188 million. Kiyosaki suggests that BlackRock is attempting to suppress Bitcoin prices to allow large investors, or whales, to buy at prices below $100,000.
Kiyosaki emphasizes his belief in Bitcoin's potential, asserting, **"I will keep buying more Bitcoin because Bitcoin is going higher."
The Bold Prediction: $350,000 in 2025
In a recent tweet, Kiyosaki reiterated his ultra-bullish prediction that Bitcoin will soar to $350,000 by next year. This forecast comes on the heels of his earlier predictions, where he hinted that with a pro-Bitcoin president taking office in January, the cryptocurrency market could see substantial growth. He specifically referenced the crypto-friendly policies proposed by Trump, including the establishment of a strategic Bitcoin reserve and potential pardons for crypto-related convictions.
Interestingly, despite his earlier stance where he indicated he would halt purchases if Bitcoin exceeded $100,000, Kiyosaki now expresses a desire to continue accumulating Bitcoin, suggesting that the current economic instability will drive its value higher.
Earlier this year, Kiyosaki had predicted Bitcoin could reach $500,000 by 2025 and even $1 million by 2030, although he did not provide details to substantiate these claims.
For more insights and updates on Bitcoin and cryptocurrency trends, stay tuned!
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