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Robert Kiyosaki, the eccentric businessman and author best known for his books Rich Dad Poor Dad, anticipation The price of Bitcoin could rise from $175,000 to $350,000 this year.
The leading cryptocurrency by market cap is up nearly 121% in 2024. Last month, it crossed the $100,000 level for the first time, rising to a new all-time peak of $108,135 on December 17.
At press time, Bitcoin is trading at $97,572 on the Bitstamp exchange.
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It is worth noting that Kiyosaki's predictions should be taken seriously. In June, the financial expert said he was "confident" that Bitcoin's price would be able to reach $350,000 "sometime in 2024."
Furthermore, Kiyosaki's statements on social media tend to be contradictory. In November, for example, he said he would stop buying Bitcoin once it crossed the $100,000 mark.
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However, shortly after the cryptocurrency surged into six-figure territory in December, it was urge His followers to buy more Satoshi. "Start getting richer today. At least start buying Satoshi... before Satoshi also reaches $106,000," he wrote on social media.
After the cryptocurrency's price began to fall in late December, he encouraged his followers to "grow up and buy more."
As reported by U.Today, Tom Lee of Fundstrat sees the price of Bitcoin rising to $250,000 this year. Furthermore, the target price would be much higher if the US government created a plan Bitcoin Strategic Reserve.
Mike Novogratz Galaxy He believes Bitcoin is likely to cross the $150,000 mark in the first half of the year.
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