Renowned author Robert Kiyosaki, famous for his book “Rich Dad Poor Dad,” has set his sights on Bitcoin’s future, asserting that it is poised to reach an impressive $135,000 after surging past $30,000 over the weekend.
Kiyosaki, expressing his confidence on X (formerly known as Twitter), touched on the outlook for Gold, Silver, and Bitcoin. He suggested that the price of gold was teetering on the cusp of breaching the $2,100 mark, and he anticipates a continued upward trajectory. His long-term vision for gold is even more sanguine, with a bold projection of $3,700.
However, Kiyosaki’s forecast for the leading cryptocurrency is notably more bullish, as he envisions Bitcoin’s next milestone to be a staggering $135,000.
As of the time of this report, Bitcoin is currently trading just above $30,800, marking an almost 11% increase in the past seven days.
Kiyosaki Remains a Strong Advocate for Bitcoin
Kiyosaki has been a vocal proponent of Bitcoin and its potential as a long-term investment. Back in February of this year, the advocate for financial literacy predicted that Bitcoin’s price would skyrocket to $500,000 by 2025.
In July, he foresaw the possibility of Bitcoin reaching $120,000 in the near future. His bullish outlook aligns with the predictions of financial institutions such as Standard Chartered Bank, which also anticipated Bitcoin hitting the $120,000 mark by the end of 2024.
Kiyosaki consistently underscores the potential of assets like Bitcoin, Gold, and Silver as safeguards against potential economic crises arising from government actions.
Despite these forecasts, Kiyosaki encourages investors to focus not only on the future price of these assets but also on the quantity of these assets they presently hold.
In a recent post on X, the best-selling author issued a caution about an impending stock market downturn, foreseeing that the decline in stock markets, bonds, and real estate would drive individuals towards assets like Bitcoin, Gold, and Silver.