Amidst the ongoing Bitcoin (BTC) rally, which has seen the cryptocurrency first come within $2,000 of $100,000 and then recover from a weekend slump below $90,000 to climb to $98,805 in the early hours of November 25, Robert Kiyosaki has taken to providing forward-looking price predictions for the coin.
In his most recent X post, the prominent investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad’ stated that BTC will hit an even more impressive $500,000 in 2025.
Still, it is worth noting that the forecast is not the result of Kiyosaki’s analysis – his could be more bullish as he previously predicted Bitcoin would stand at $300,000 during 2024 – but of an unnamed artificial intelligence (AI) platform.
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How have Kiyosaki’s previous BTC price targets held up
Kiyosaki’s $500,000 prediction aligns with his earlier statements in September 2024. However, some of his shorter-term forecasts, like the $350,000 target for August 2024, missed the mark as Bitcoin experienced a summer downturn.
More recently, Kiyosaki has also accepted the long-term forecasts of other prominent names in the industry, endorsing MicroStrategy (NASDAQ: MSTR) former CEO Michael Saylor’s estimate that Bitcoin would hit $13 million in just over two decades.
The author also commented that such a prediction would ensure that a $9,000 investment in November 2024 would turn an investor into a millionaire.
The ‘Rich Dad’portfolio has a better track record than Kiyosaki forecasts
Though Robert Kiyosaki has not been entirely right in all of his specific predictions about Bitcoin, his favoring of the cryptocurrency – along with a handful of other assets such as gold, silver, Ethereum (ETH), Solana (SOL), real estate, and wagyu cattle – had paid off by late 2024.
As FInbold calculated and reported on November 22, a $1,000 investment in a commodity and cryptocurrency portfolio made on January 1 of the current year based on the finance guru’s recommendation would have turned into $1,760.27 – a 76.03% return in less than 11 months.
Featured image via Ben Shapiro’s YouTube
