Author of the popular financial book, “Rich Dad Poor Dad,” Robert Kiyosaki, has predicted that Bitcoin will hit $350,000 by August 25, 2024
In a recent social media post, Kiyosaki expressed confidence in the cryptocurrency’s long-term prospects while emphasizing that though this prediction is speculative, it is not a lie.
Kiyosaki is well known for his observations during the 2008 financial crisis and his history of daring forecasts regarding the financial markets. His recent forecasts that the price of Bitcoin would soar to $350,000 by August 2024 have created a lot of excitement among investors.
In response to Kiyosaki’s post, crypto analyst Willy Woo has offered his opinion on whether Bitcoin can reach these heights. Woo pointed out that $2.2 trillion in new investments would be needed. However, Woo also inferred that the cryptocurrency might be able to attain this milestone by 2025.
Although Kiyosaki was optimistic about Bitcoin, he also suggested that he is also holding Solana and Ethereum tokens due to his confidence in their prospects.
In addition to his prediction about Bitcoin, Kiyosaki claimed that the current administration in the U.S. may foster an atmosphere in which alternative assets like Bitcoin and other cryptocurrencies become more alluring.
Notably, Kiyosaki’s optimism about a potential Bitcoin price increase aligns with the current market sentiment. Notably, 10x’s Markus Thielen recently predicted that Bitcoin could reach a new all-time high as soon as next week. Thielen pointed to the recent significant drop in job openings reported by the U.S. Bureau of Labor Statistics as a key indicator of a potential economic slowdown. Notably, that’s the lowest number of job openings in three years in the United States.
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