Disclaimer: The opinions expressed by our writers are their own and do not represent the opinions of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Do your own research by contacting financial experts before making any investment decisions. We believe all content to be accurate as of the date of publication, but some offers mentioned may no longer be available.
Robert KiyosakiThe investor and financial expert, who is also known for authoring the best-selling book on finance “Rich Dad Poor Dad,” posted a tweet about the Bitcoin and BlackRock CEO.
He criticized the latter and said that he intends to continue buying Bitcoin, once again expressing his very bullish prediction for the $350,000 price of the world's largest cryptocurrency.
Kiyosaki says he will continue to buy Bitcoin
Kiyosaki began his tweet by saying that BlackRock CEO Larry Fink was “giving up on Bitcoin,” likely referring to the staggering BTC inflows from the company’s IBIT ETF this week, which accounted for $188 million.
Kiyosaki believes that “BlackRock is suppressing the price of Bitcoin so that whales can buy Bitcoin for less than $100,000.” The “Rich Dad Poor Dad” author said he likes bitcoin in his portfolio and would never entrust his bitcoin holdings to the BlackRock ETF.
However, Kiyosaki tweeted that he intends to continue storing Bitcoin for one simple reason – that it continues to rise in the current very unstable economic environment: “I will continue to buy more Bitcoin because Bitcoin is rising.”
Kiyosaki confirms that the price of Bitcoin reaches $350,000
Furthermore, Robert Kiyosaki reiterated his recent prediction that You expect Bitcoin to rise to $350,000 next year, doubling down on his very optimistic forecast. For the first time, he predicted this ten days ago in X's post.
At the time, Kiyosaki wrote that the main reason for his prediction was the fact that the United States had a pro-bitcoin president taking office in January. Trump accepted cryptocurrency donations during his election campaign and made several promises to the cryptocurrency community, which include creating a Bitcoin Strategic Reserve and pardoning Silk Road founder Ulbricht Ross from his double sentence that he has been serving in prison since 2013.
What's strange is that before Bitcoin crossed $100,000 for the first time in December of this year, Kiyosaki tweeted that he would stop buying Bitcoin as soon as there was $100,000 left because now was not the time to be "greedy." However, he said in a tweet today that he will continue accumulating Bitcoin.
Earlier this year, Kiyosaki predicted that Bitcoin would reach $500,000 in 2025 and then $1 million by 2030 based on AI data. But he did not provide any details about that.
Source link