Renowned author of “Rich Dad Poor Dad”, Robert Kiyosaki, has expressed his bullish sentiments on Bitcoin in a recent post on social media. Kiyosaki advised his followers not to procrastinate when it comes to investing in Bitcoin, emphasizing that even starting with as little as $500 can make a difference. He boldly predicted that Bitcoin could reach $300,000 per unit in 2024.
This optimism comes on the heels of Bitcoin reaching its all-time high, surpassing the $69,000 mark earlier in the week. The surge was largely attributed to the launch of spot Bitcoin ETFs in January. However, the cryptocurrency faced a sharp decline of 10% on Tuesday, causing some market volatility.
Despite the recent downturn, Kiyosaki’s faith in Bitcoin remains unwavering. He has previously positioned Bitcoin as a solution to the banking crisis and a potential weapon against central banks’ spying attempts through Central Bank Digital Currency. Kiyosaki has credited Bitcoin for bringing integrity back to money and challenging the dominance of the US dollar.
At the time of writing, Bitcoin was trading at $66,090.35, 3.8% higher than the previous day. If Bitcoin is to reach Kiyosaki’s predicted price of $300,000, it will have to rally another 353.92% from its current level.
Kiyosaki’s bullish stance on Bitcoin reflects a broader trend of growing interest and adoption of cryptocurrencies. As the market continues to evolve, it will be interesting to see how Bitcoin performs in the coming months and whether Kiyosaki’s prediction will come to fruition.
