“Rich Dad Poor Dad” Author Robert Kiyosaki is bullish on Bitcoin (BTC) as he predicts the coin’s price will hit $150,000 soon.
Robert Kiyosaki is one of the most popular financial educators in the world who joined the Bitcoin train relatively earlier. Kiyosaki has since seen the Bitcoin light as a strong advocate of the digital currency, which he names as one of the key assets to embrace for financial freedom.
The Robert Kiyosaki Argument
The $150,000 price target set by Robert Kiyosaki is one of the highest set by the financial guru in recent months. The Kiyosaki Bitcoin target has moved from $120,000 to $135,000 before landing at this current level.
While the previous price target hinges on other key network fundamentals like the upcoming halving event, the $150,000 target is based on the likely impact of the potential spot Bitcoin Exchange Traded Fund (ETF) product. Though a likely approval is still in doubt, considering the complexity introduced by the hack of the official X account of the United States Securities and Exchange Commission (SEC), an approval is poised to shift the dynamics per Bitcoin’s price action.
Robert Kiyosaki expressed excitement about buying Bitcoin years ago. He derided the US Dollar and fiat, which he tagged as an asset for losers. In his advocacy for Bitcoin, Robert Kiyosaki also named Gold and Silver as the two other assets he hopes to buy more of using “fake dollars.”
BITCOIN ETF. Yay. Glad I bought years ago. Bitcoin to $150k 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.…
— Robert Kiyosaki (@theRealKiyosaki) January 10, 2024
Experts Share the Kiyosaki Sentiment
Robert Kiyosaki is not alone in his bullish call for Bitcoin. In fact, other Bitcoin bulls have more ambitious price targets for the digital currency in the wake of a potential spot Bitcoin ETF approval and the upcoming halving event in the second quarter.
One of the most bullish projections came from Billionaire investor Tim Draper, who sees the coin growing as high as $250,000. To top this forecast, Cathie Wood, the CEO of Ark Invest, is optimistic the price of Bitcoin can reach $1 million in the near future.
For reference, Bitcoin is currently trading for $45,675, down 1.98% in the past 24 hours.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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