Robert Kiyosaki, the author of Rich Dad Poor Dad, has made a bold prediction for Bitcoin (BTC), forecasting a six-figure price as US regulators approve a series of spot exchange-traded funds (ETF). Kiyosaki shared his prediction with his 2.5 million followers on social media platform X, stating that he expects Bitcoin to surge by 247% from its current level of $43,133.
According to Kiyosaki, it won’t take long for BTC to reach his ambitious price target. He expressed his excitement over the Bitcoin ETF, stating, “BITCOIN ETF. Yay! Glad I bought years ago. Bitcoin to $150,000 soon. Gold to the moon as central banks buy, store, and never sell. Silver to crash as silver stackers sell to pay bills, caused by rising inflation. Great news for silver stackers. Time to buy more as silver crashes.”
Kiyosaki also took a swipe at those who save in US dollars, which he referred to as “fake fiat”. He revealed his plans to buy more gold, silver, and Bitcoin using these “fake dollars”.
Concerns over inflation in the US have led Kiyosaki to acquire additional Bitcoin. He has reportedly purchased Bitcoin worth nearly $230,000 at the current market rate. He questioned the potential for hyperinflation, stating, “INFLATION or DEFLATION? What if the PhDs at the White House, the U.S. Treasury and the Federal Reserve put the economy into HYPERINFLATION? I hope not… but what if our leaders f**ck up, the dollar collapses and we have HYPERINFLATION?”
He further advised his followers to trust themselves and not the leaders, whom he referred to as “losers with PhDs”. At the time of writing, Bitcoin is trading at $42,635.
Investors are advised to do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets. Transfers and trades are at the investor’s own risk, and any losses incurred are their responsibility. It is not recommended to buy or sell any cryptocurrencies or digital assets without proper consultation.
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | North America |
| Countries | 🇺🇸 |
| Sentiment | positive |
| Relevance Score | 1 |
| People | Robert Kiyosaki |
| Companies | The Daily Hodl, U.S. Treasury, Federal Reserve |
| Currencies | Bitcoin, US Dollar, Gold, Silver |
| Securities | None |
