Is $135,000 The Next Stop For Bitcoin? Rich Dad Poor Dad Author Thinks So

2023-10-23 22:41

Bullish Bitcoin investors are cheering the digital asset’s reclamation of a perch above $30,000 in recent days, but the rally back above that threshold only served to buoy bold predictions that the world’s largest and oldest crypto will hit six figures in the near future.

Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad”, says BTC is heading to an astonishing $135,000 a coin.

Bitcoin Price To $135,000 Next?

Bitcoin could trade at an eye-watering $135,000 per coin. That’s according to businessman Robert Kiyosaki, who on Friday, shared his latest bullish BTC price prognosis in a tweet. Kiyosaki strongly believes that $135K is Bitcoin’s next stop.

Besides the OG cryptocurrency, the renowned author also proclaimed his bullish position on traditional safe-haven assets like gold and silver. He expects gold to cross $2,100 soon before eventually hitting a whopping $3,700. Similarly, he predicts silver to jump from its current $23 level to $68 per ounce.

Kiyosaki summarized his post by cautioning that those who save “fake dollars” would face financial repercussions and urged investors to be vigilant of their financial decisions.

BTC Flirts With $30,000

Kiyosaki’s Bitcoin prognosis comes after the top crypto broke above the $30,000 per coin barrier after many weeks of inertia as bullish sentiment around a possible spot bitcoin exchange-traded fund (ETF) approval in the U.S. gained momentum.

Multiple ETF issuers revised their applications in recent days alongside pressure on the U.S. Securities and Exchange Commission (SEC) to soften its perspective on greenlighting spot Bitcoin ETFs.

Kiyosaki is a well-known advocate of Bitcoin, frequently advising his followers on the X platform to buy the flagship crypto. In August, he characterized Bitcoin as “people’s money”, while gold and silver are “God’s money”. At the time, he predicted that BTC was going to $100,000 and potentially $1 million if the world economy crashes.

Bitcoin is currently trading for $29,935.76 as of publication time. But, based on Kiyosaki’s contentious track record, his forecasts should be taken with a huge grain of salt.

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