financetom
Cryptocurrency
financetom
/
Cryptocurrency
/
Robert Kiyosaki Confident Bitcoin Will Hit $350K By August 2024, Here’s How
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Robert Kiyosaki Confident Bitcoin Will Hit $350K By August 2024, Here’s How
Jun 6, 2024 11:41 AM

Robert Kiyosaki, financial guru and author of Rich Dad Poor Dad, has made a staggering prediction for bitcoin’s (BTC) price in the next two months.

In a recent tweet, Kiyosaki said he is confident that BTC will be worth $350,000 by August 25.

BTC to Tap $350K in August

Kiyosaki said while his prediction may be “suckers bait,” speculation, and an opinion, it is not a lie because any forecast about the future is not false. Nevertheless, the Rich Dad Poor Dad author revealed that he wanted the BTC at $350,000 prediction to come true.

As a years-long Bitcoin supporter and proponent, Kiyosaki has touted the cryptocurrency, alongside gold and silver, as a must-have asset for individuals and entities who want to survive the impending crash of the United States dollar.

Earlier this year, he predicted that BTC would tap $100,000 in June 2024 and $300,000 by the end of the year. At the time of writing, BTC had yet to surpass its all-time high of $73,700 and hovered around $71,000. However, all hope is not lost as the crypto market is known for its extreme pumps and could pull a surprise that would see BTC surge past the predicted price within hours or days.

Kiyosaki’s latest prediction is a step up from its previous forecast of BTC at $300,000 by year-end. The absence of a major Bitcoin event or upgrade that could trigger a rally strong enough to push BTC past $300,000 in the next two months raises the question of the source of Kiyosaki’s confidence in such a prediction.

The financial guru attributed his confidence to the incompetence of U.S. leaders, including President Joe Biden, Fed chair Jerome Powell, and Treasury Secretary Janet Yellen. Although Kiyosaki’s BTC prediction remains a wish, he said he is certain about the incompetence of the American leaders, who he tagged stooges.

Kiyosaki Endorses ETH and SOL

Interestingly, Kiyosaki has added Ethereum (ETH) and Solana (SOL) to his list of safe-haven assets, along with gold, BTC, and silver. He urged his followers to buy more of the cryptocurrencies and precious metals to protect themselves from the three stooges.

“I am confident Bitcoin will hit $350,000 sometime in 2024 but for it’s only a target, a dream, and a wish.  I keep buying more Bitcoin, Ethereum, and Solana, because quite certain their prices will continue to rise,” Kiyosaki stated.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
This Trending Meme Coin Explodes 50% Daily: Details
This Trending Meme Coin Explodes 50% Daily: Details
Mar 22, 2024
TL;DR Meme coins on the Solana blockchain have shown potential for high profits, with instances of substantial investment returns highlighted. Despite these opportunities, the inherent volatility of meme coins underscores a considerable risk of losses. Meme coins built on the Solana blockchain have been thriving in the past several months, with the sector spewing new ones quite frequently. Todays best...
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Mar 22, 2024
The cryptocurrency market has failed to recover as swiftly as many expected it to, and Bitcoins price seems to be struggling to break above $66K definitively. Most of the altcoins are also trading in the red, with two notable exceptions. Bitcoin Fails at $66K As seen in the chart below, Bitcoins price was unable to retain its bullish momentum that...
Montenegro’s Court of Appeal Upholds Ruling on Do Kwon’s Extradition to South Korea
Montenegro’s Court of Appeal Upholds Ruling on Do Kwon’s Extradition to South Korea
Mar 21, 2024
After a series of back-and-forths regarding Do Kwons extradition, it appears that the Terraform Labs co-founder and former CEO may finally be handed over to South Korean authorities after the Appellate Court of Montenegro confirmed a previous decision to extradite him to his native country. Terraform Labs’ Chief Executive Officer, who was arrested in March 2023 with Kwon in Montenegro,...
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Mar 22, 2024
Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...
Copyright 2023-2025 - www.financetom.com All Rights Reserved