As Bitcoin (BTC) has returned above the $52,000 price mark and pulled the rest of the cryptocurrency market with it, the author of a best-selling personal finance book ‘Rich Dad Poor Dad’ Robert Kiyosaki, has predicted even stronger gains in the next several months.
Indeed, the famous investor and finance educator, who has been quite bullish on Bitcoin for a long time, has voiced his expectations that the flagship decentralized finance (DeFi) asset will hit $100,000 by June this year, as he said in an X post on February 18.
Interestingly, Kiyosaki has recently admitted he knew nothing about the maiden crypto asset. However, he said he had it in his possession as “protection against the theft of our wealth via our money” through “inflation, taxation & stock price manipulation” by the government.
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Instead of paying attention to what the United States Federal Reserve – which he has slammed as a “criminal organization” – says or does, the popular investor has advised his followers to “trust gold, silver, and Bitcoin” when making financial decisions, as Finbold reported on February 16.
Bitcoin price analysis
Meanwhile, Bitcoin was at press time changing hands at the price of $52,126, recording an increase of 0.63% in the last 24 hours, in addition to gaining 8.11% across the previous seven days and making a more significant advance of 25.21% in the past month, as per data on February 19.
All things considered, Kiyosaki’s bullish predictions of Bitcoin at $100,000 by June this year could materialize, particularly when taking into account the approaching halving event in April and the inflows coming from the recently approved Bitcoin spot exchange-traded funds (ETFs).
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