Robert Kiyosaki, the author of Rich Dad Poor Dad, believes that Bitcoin is on the verge of a meteoric rise now that it has broken through the psychological barrier of $30,000. In a tweet to his 2.4 million followers on X, Kiyosaki stated that he expects hard assets like gold, silver, and Bitcoin to experience substantial upward movements.
Kiyosaki also mentioned that gold is likely to surpass $2,100 and reach $3,700, while silver may rise from $23 to $68 per ounce. He emphasized the negative impact of inflation on those who save US dollars and urged people to invest in hard assets instead.
At the time of writing, Bitcoin is trading at $30,121. If it reaches Kiyosaki’s target of $135,000, this would represent a potential upside of approximately 350%.
Kiyosaki warns about the consequences of a central bank digital currency (CBDC)
In an earlier statement, Kiyosaki suggested that as the Federal Reserve prepares to introduce a CBDC, assets like Bitcoin, gold, silver, and cash will become invaluable. He highlighted the loss of privacy and increased surveillance that may come with a CBDC and advised people to start accumulating hard assets and cash before it’s too late.
Hot Take: Robert Kiyosaki’s Bold Prediction for Bitcoin
Robert Kiyosaki has set an ambitious price target for Bitcoin following its breakthrough of $30,000. With his forecast of $135,000 per BTC, he expects a substantial increase in value. Kiyosaki also emphasizes the importance of investing in hard assets such as gold, silver, and Bitcoin to protect against inflation and potential economic uncertainties. As the author of Rich Dad Poor Dad, Kiyosaki’s insights carry weight in the financial community, making his predictions noteworthy for crypto investors.
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