'Rich Dad Poor Dad Author' Robert Kiyosaki Predicts Bitcoin To Reach $100K By June
Portfolio Pulse from Benzinga Neuro
Robert Kiyosaki, author of 'Rich Dad Poor Dad,' predicts Bitcoin will reach $100k by June 2024. He continues to advocate for investing in 'hard assets' like gold, silver, and Bitcoin, criticizing the Federal Reserve and urging followers to monitor the upcoming Bitcoin halving event in April 2024. Bitcoin has recently hit a 26-month high of $52,000, gaining almost 23% this year.
February 19, 2024 | 5:21 am
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Robert Kiyosaki predicts Bitcoin to reach $100k by June 2024, a significant increase from its current price of $52,037.55. This prediction comes as Bitcoin has seen a 23% gain this year and is expected to rise further following the Bitcoin halving event in April 2024.
Kiyosaki's prediction is based on his long-standing advocacy for Bitcoin and criticism of the Federal Reserve. The upcoming Bitcoin halving event in April 2024, which reduces the rate of new Bitcoin creation, is likely to have a significant impact on its price, potentially driving it towards Kiyosaki's target. Given Bitcoin's recent performance and the historical impact of halving events, there is a reasonable basis for expecting a positive price movement.
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