The Bullish Prediction of Rich Dad Poor Dad Author
A well-known finance author, Robert T. Kiyosaki, has made a prediction that has caused quite a stir in the crypto community. In a recent post on X (formerly Twitter), Kiyosaki stated that Bitcoin is poised to reach $135,000 after briefly hitting the $30,000 mark. This prediction came after rumors of BlackRock’s Bitcoin ETF approval.
Many in the crypto community were hopeful that Bitcoin would maintain its bullish momentum after surpassing $30,000. However, the price dropped below this crucial level later in the day and is currently trading at $29,714 according to CoinMarketCap.
Kiyosaki’s Thoughts on Inflation and Wealth Gap
In another post, Kiyosaki discussed the impact of inflation on the wealth gap. He explained that inflation disproportionately affects the poor and middle class because they work and save in US dollars, which lose value over time. On the other hand, the rich become even wealthier during inflation as they save assets like Gold, Silver, and Bitcoin.
This theory holds weight as the wealthy have more access to assets that appreciate during inflationary periods. Kiyosaki emphasized that inflation makes the poor and middle class poorer while making the rich richer.
Hot Take: The Impending Rise of Bitcoin
Robert T. Kiyosaki’s bullish prediction for Bitcoin has generated excitement and speculation within the crypto community. While Bitcoin briefly reached $30,000 before dropping back down, Kiyosaki believes it will ultimately surge to $135,000. This optimism is shared by many who hope to see Bitcoin regain its bullish momentum.
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