Rich Dad Poor Dad book’s author, Robert Kiyosaki, believes in Bitcoin and has predicted that Bitcoin might reach $100K within the next four months. As Bitcoin has reached the $52k mark, people are waiting for it to cross its threshold and cross its last all-time high of $65k. Roberts’s expectations are beyond that, as he believes Bitcoin’s value will double by June 2024. Let’s talk about that.
BITCOIN to $100k by June 2024.
— Robert Kiyosaki (@theRealKiyosaki) February 18, 2024
Robert Kiyosaki Believes in Bitcoin
Bitcoin is the first-ever cryptocurrency, and the title of the biggest cryptocurrency belongs to it. Currently, it’s trading at $52,319.13 with a Market Cap of $1,027,063,128,965. Bitcoin also has a market dominance of 51.8%, more than half of the total market cap of all cryptocurrencies.
Robert Kiyosaki is a famous finance book writer and investor. He is known for his book series ‘Rich Dad and Poor Dad’ and has helped thousands of people learn about financial freedom and how to manage money.
Robert is known to be a cryptocurrency enthusiast. He has openly talked and tweeted about cryptocurrency for many years now. Today, he posted on X quoting, “Bitcoin to Hit $100k by June 2024.”
A few days ago, he tweeted, “Rather than trust the Fed, I prefer to trust gold, silver, and Bitcoin.”Robert has always talked negatively about the Fed and has expressed his opinions on how they are destroying the economy of the USA.
Rather than trust the Fed I prefer to trust gold, silver, and Bitcoin.
— Robert Kiyosaki (@theRealKiyosaki) February 15, 2024
Earlier, he explained in detail why he prefers Bitcoin. He mentioned in an X post that, “Why I own Bitcoin. Bitcoin is protection against the theft of our wealth via our money. Fed Chairman Powell, Treasury Secretary Yellin, and Wall Street bankers steal our wealth via our money, specifically via inflation, taxation, & stock price manipulation. That is why I save and invest in Bitcoin, not stocks, bonds, and fake dollars.”
Why I own Bitcoin. Bitcoin is protection against the theft of our wealth via our money. Fed Chairman Powell, Treasury Secretary Yellin, and Wall Street bankers steal our wealth via our money, specifically via inflation, taxation, & stock price manipulation. That is why I save…
— Robert Kiyosaki (@theRealKiyosaki) January 31, 2024
As a professional in finance-related topics, he is admired by many people and has an impact on people’s financial choices. But on this recent prediction of Bitcoin to hit $100k, people showed mixed emotions. Some have commented in favor in the hope of such a possibility happening, while some have criticized him for going to an extreme.
Bitcoin Price History & Analysis
Bitcoin was created in 2009 and was an unknown concept for people. In late 2009, Bitcoin was trading at $0.0009. Then, the famous Pizza incident came forward when a person ordered 2 Papa Zone pizzas and paid 10,000 Bitcoin. One Bitcoin was around $0.0041 in that transaction. To this date, people celebrate Bitcoin Pizza Day while remembering this witty incident. Bitcoin reached the $1 mark for the first time in February 2011 and went up to $29.6 on 8 June 2011.
These were the starting days when people didn’t even know what cryptocurrency and Bitcoin were. Bitcoin went into triple digits for the first time ($100) in 2012, and the same year prices reached four digits to $1000, and it never looked back after that.
The price just kept getting higher and higher and met with a few bumps and dumps here and there. It reached its all-time high of $64,995 on 10 November 2021 but was short-lived. Market volatility kept increasing, prices fluctuated for all cryptocurrencies, and the market entered the crypto winter.
During that time, Bitcoin was as low as $20,000 by the end of 2022 and in the range of $16,000 at the start of 2023. In 2023, it started getting its pace back, and significant price jumps were seen. Just a few days ago, on 12 Feb, it crossed the $50,000 mark, and at the time of writing, it is at $$52,319.13.
Conclusion
Bitcoin has a story of around 16 years and has been in multiple price ranges. It will be the next milestone if it reaches the value of $100k, as Robert Kiyosaki predicted. Various individuals predicts the prices of Bitcoin on social media, and not all turn out true. This year, Bitcoin is doing great with its prices above $50,000. It has to see what milestone Bitcoin will set now.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source: https://coingape.com/robert-kiyosaki-bitcoin-price-might-reach-100k-in-june-2024/
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