IMPORTANT POINTS:
- Kiyosaki Predicts Bitcoin at 100,000: Robert Kiyosaki projects that Bitcoin will reach 100,000 by June 2024, showing solid confidence in the leading cryptocurrency.
- Preference for Solid Assets: Faced with distrust in the Fed, Kiyosaki favors investment in tangible assets such as gold, silver and Bitcoin, highlighting their growth potential.
- US Debt Questions: Kiyosaki’s alarm over who will buy US bonds in the face of record national debt suggests a shift toward investing in precious metals and cryptocurrencies.
Renowned “Rich Dad Poor Dad” author Robert Kiyosaki has shared a bold prediction about the future of Bitcoin (BTC), suggesting that the cryptocurrency is on track to reach a six-figure valuation in the coming months. With an audience of 2.5 million followers on social media platform.
Confidence in Tangible Assets Against the Fed
Kiyosaki underlines his skepticism towards the Fed, highlighting his inclination towards more tangible and safe assets. “Instead of trusting the Fed, I prefer to trust gold, silver and Bitcoin,” says the author, highlighting his distrust of traditional financial institutions and his preference for more stable investment alternatives.
Kiyosaki’s concern extends to the sustainability of the US national debt, which has reached an all-time high of $34.266 trillion. This scenario raises questions about who will be willing to purchase US bonds in the future. The question, originated by Andy Schectman, president of Miles Franklin, highlights banks’ growing preference for gold over US debt, suggesting a potential shift in global financial dynamics.
A Bright Future for Bitcoin, Gold and Silver
Despite macroeconomic concerns, Kiyosaki is optimistic about the future of certain assets. He predicts a possible drop in the gold price below $1,200, while anticipating a significant rise in both silver and Bitcoin. His advice to investors is clear: “Be careful. “Be prudent”
Looking ahead, Kiyosaki not only shares his confidence in Bitcoin but also offers a specific and bold price prediction for the leading cryptocurrency: “BITCOIN will hit $100,000 by June 2024. ” This projection highlights his optimistic view on the future adoption and valuation of Bitcoin in the cryptoasset market.
Kiyosaki’s outlook on Bitcoin and his price forecast reflect a vision of growth and stability in the cryptocurrency market, contrasting with the current uncertainty in traditional financial markets. With his advice and predictions, Kiyosaki continues to influence the perception and investment strategies of his followers in the world of personal finance and investing in crypto assets.
