Amidst a confluence of market optimism and favorable conditions, popular Bitcoin investor and acclaimed author of “Rich Dad Poor Dad” Robert Kiyosaki in a striking forecast has predicted that BTC will reach an astonishing $350,000 by August this year.

This projection from Kiyosaki demonstrates his robust belief in the largest cryptocurrency asset by market cap as a store of value and a promising alternative investment during times of economic uncertainties.

Impending Massive Gains For Bitcoin

The “Rich Dad Poor Dad” author, Robert Kiyosaki shared the intriguing forecast for Bitcoin on the X (formerly Twitter) platform. His forecast comes at a time when optimism and technological developments are supporting the cryptocurrency industry, indicating that Bitcoin may be ready for historically high increases in the months to come.

According to Kiyosaki, the value of BTC will be $350,000 by August 25, 2024, and this is not a lie. Rather it is a prediction, a speculation, and an opinion, as he believes no forecast about the future is false. Kiyosaki further underscored his desire for the crypto asset to reach the aforementioned target. “I want $350,000 Bitcoin to be a fact, and I want it to be true, but it is only a prediction,” he stated.

While the author is confident BTC will reach $350,000 sometime in the year, it is only a target, a wish, and a dream. This is due to the uncertainty and volatility surrounding digital assets, as their trajectory can not be fully determined. Despite all of this, Kiyosaki has highlighted his dedication to acquiring more BTC and other notable cryptocurrencies such as Ethereum (ETH) and Solana (SOL), citing his belief in these assets to attract significant gains in the near future continuously.

The author’s major purpose in making such a move is due to his confidence in the incompetence of the current leaders in the United States such as the country’s President Joe Biden, Treasury Secretary Janet Yellin, and Federal Reserve chairman Jerome H Powell.

Kiyosaki claims in actuality these leaders of the nation are the 3-Stooges, and he is very positive they are completely incompetent. Thus he has urged the community and his followers to protect themselves from these 3-Stooges by purchasing more BTC, Ethereum, Solana, Gold, and Silver.

Strong Belief In BTC’s Value Growth

Distinguished for his book “Rich Dad Poor Dad,” Robert Kiyosaki has been an outspoken supporter of Bitcoin, citing several price targets over time. In April, Kiyosaki publicly expressed his alignment with Ark Invest’s Chief Executive Officer (CEO) Cathie Wood’s audacious forecast for Bitcoin to reach $2.3 million.

Wood claims by putting more than 19% of the world’s assets, worth a staggering $250 trillion into BTC, it could soar to an all-time high of $2.3 million. Although this forecast seems unreasonable, Kiyosaki is confident about the prediction because he believes Wood is exceptionally clever and has sound judgment.

Bitcoin
BTC trading at $71,101 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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