Robert Kiyosaki Backs Bitcoin (BTC) to Hit $350,000 in 2025 Despite BlackRock's Alleged Price Manipulation

Author of “Rich Dad, Poor Dad” and Bitcoin (BTC) enthusiast Robert Kiyosaki has backed the premier cryptocurrency to attain a $350,000 price mark in 2025.

Robert Kiyosaki, author of “Rich Dad, Poor Dad” and Bitcoin (BTC) enthusiast, has predicted that the premier cryptocurrency will reach a price of $350,000 by 2025. Kiyosaki also made comments against asset manager BlackRock, accusing them of attempting to manipulate BTC's price.

In an X post on December 27, Kiyosaki claimed that BlackRock, under the leadership of Larry Fink, is currently offloading large amounts of Bitcoin. Kiyosaki expressed distrust in the asset manager’s involvement in the BTC market.

The American author echoed the views of Republican Vivek Ramaswamy, who described Larry Fink as a shareholder capitalist—people who prioritize maximizing returns for shareholders—as opposed to stakeholder capitalists, who consider the interests of employees and communities.

In this context, Kiyosaki further alleges that BlackRock is deliberately suppressing Bitcoin's price below $100,000 via sell-off to allow market whales to purchase at lower prices.

Data from Arkham Intelligence reveals that BlackRock has recently moved over +$203 million BTC to Coinbase Prime over the past two days. However, it remains to be seen whether BlackRock intends to sell these assets or merely maintain ownership via a custodial wallet.

Moreover, Robert Kiyosaki advises against investing in BTC via BlackRock's ETF, instead advocating for direct investment in the cryptocurrency.

Interestingly, BlackRock operates the largest Bitcoin Spot ETF (IBIT) with $52.71 billion in net assets. Amidst rumors of a planned BlackRock market offload and BTC's ongoing price decline, IBIT recorded its largest market outflow ever of $188 million on December 26, according to data from SoSoValue.

Despite BlackRock's alleged price manipulation tactics, Robert Kiyosaki maintains his bullish stance on Bitcoin. The author plans to purchase more BTC, which he predicts will reach $350,000 per unit by 2025.

At the time of writing, Bitcoin trades at $94,405, down 1.88% in the past day, with a daily trading volume of $51.35 billion.

On the daily chart, Bitcoin faces immediate resistance at the $100,000 level. Surpassing this resistance could lead to a return to the $108,000 price zone, indicating a complete price recovery for the premier cryptocurrency. However, if BTC is rejected again at $100,000, it will likely remain in its current consolidation pattern.

Despite the recent price fluctuations, Bitcoin maintains its position as the largest digital asset by market capitalization, with a total market share of $1.86 trillion and a crypto market dominance of 56.8%.