Kiyosaki predicts $100K Bitcoin could reach $1 million
Financial educator Robert Kiyosaki recently addressed Bitcoin's (CRYPTO:BTC) ascent to $100,000, describing it as a pivotal moment for investors.
He noted that this price point may limit access for many middle-class individuals.
“Yay: bitcoin breaks $100,000. Congratulations everyone,” Kiyosaki stated, but cautioned that affordability could become an issue.
He plans to continue purchasing bitcoin until it surpasses this threshold, emphasizing the importance of securing assets before they become unattainable.
Currently, Kiyosaki owns 73 bitcoins and aims to reach a total of 100.
His predictions extend further, forecasting bitcoin could hit $500,000 by 2025 and $1 million by 2030.
He attributes these projections to growing adoption and resilience in fluctuating markets.
Despite his optimistic outlook, Kiyosaki warns investors of potential short-term declines, advocating for a diversified approach to assets like gold and silver alongside bitcoin.
He also highlights a global trend away from the U.S. dollar, referencing the BRICS nations' increasing use of local currencies.
At the time of reporting, the Bitcoin price was $99,082.73.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple CEO Says SEC's Opening Brief Is 'Definition of Insanity'
BTC breaks through $99,000
MegaETH Ecosystem DEX Platform GTE Completes $10 Million Financing
Wintermute received 16 million DWAIN 1 hour ago