Robert Kiyosaki, the author of ‘Rich Dad, Poor Dad,’ known for his support of Bitcoin, has acquired more of the cryptocurrency as it reached the $100k mark.
Kiyosaki's Bitcoin Forecast
Kiyosaki recently predicted that Bitcoin could hit $175k-$350k by 2025. His New Year message stated, “My price prediction for BITCOIN 2025: $175,000 to $350,000. Happy New Year.”
Kiyosaki's Investment Strategies
Kiyosaki also advocates for asset diversification, including investments in silver and gold. He sees economic inefficiency by key government institutions as a major risk for U.S. dollar-based investments.
Market Analysis
Kiyosaki’s Bitcoin projection aligns with most analysts who expect a range of $150k to $250k. The Pi Cycle Top, a key peak market metric, indicates a possible $234k level that could lead to a large market correction and a likely bear market. This signal has been accurate in the past, indicating previous market peaks when the 111-day moving average crosses the modified 365-day MA.
With Kiyosaki's and market forecasts about Bitcoin, investors will continue to monitor its movements and evaluate potential changes in economic policies.
