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Reading: Will Bitcoin Reach $250,000 This Year?
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Latest cryptocurrency news > BITCOIN (BTC) > Will Bitcoin Reach $250,000 This Year?
BITCOIN (BTC)

Will Bitcoin Reach $250,000 This Year?

BH NEWS
Last updated: 16 January 2025 14:38
BH NEWS 11 months ago
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Financial guru Robert Kiyosaki, author of “Rich Dad Poor Dad,” has made an astonishing prediction about Bitcoin‘s future price trajectory. He shared his expectations that Bitcoin (BTC) could soar past $250,000 within this year, provided it first crosses the $100,500 mark. Kiyosaki disclosed his plans to up his BTC purchases once the cryptocurrency hits the $100,000 threshold.

Contents
Can Bitcoin Overtake Gold by 2025?What Changed in Kiyosaki’s Buying Strategy?

Can Bitcoin Overtake Gold by 2025?

Previously, Kiyosaki suggested that Bitcoin could capture a considerable share of the gold market in a decade. He has aligned himself with the “buy and hold” strategy championed by MicroStrategy’s CEO Michael Saylor, who has boldly forecasted that Bitcoin might reach $12 million by 2034.

What Changed in Kiyosaki’s Buying Strategy?

In a shift from his earlier stance, Kiyosaki now aims to continue acquiring Bitcoin even if its price exceeds $100,000. He emphasized that halting purchases would equate to missing valuable opportunities in the market.

Kiyosaki has expressed skepticism towards BlackRock CEO Larry Fink. He alleges that BlackRock’s significant withdrawals from its spot Bitcoin ETF are pressuring Bitcoin’s market value, ultimately benefiting large Bitcoin holders seeking to buy at lower prices.

  • Kiyosaki views Bitcoin as a reliable safe haven investment.
  • He considers BTC, gold, and silver as the pillars of long-term wealth.
  • Growing interest from institutions is expected to drive Bitcoin’s value higher.

With his firm belief in Bitcoin’s potential, Kiyosaki paints an optimistic picture for the cryptocurrency’s trajectory, envisioning it as a dominant asset alongside traditional commodities like gold and silver.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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