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Cryptocurrency News Articles

Robert Kiyosaki Sticks to His Bitcoin Price Prediction of $350,000, Criticizes BlackRock CEO Larry Fink

Dec 28, 2024 at 04:25 pm

Robert Kiyosaki, investor and financial expert, also known for authoring a best-selling book on finances “Rich Dad Poor Dad,” has published a tweet

Robert Kiyosaki Sticks to His Bitcoin Price Prediction of $350,000, Criticizes BlackRock CEO Larry Fink

Robert Kiyosaki, famed investor and author of best-selling book on finances “Rich Dad Poor Dad,” has voiced his criticism toward BlackRock CEO in a new tweet.

He also stated that he intends to keep buying Bitcoin, once again sharing his ultra-bullish price prediction of $350,000 for the world’s largest cryptocurrency.Kiyosaki says he will keep buying Bitcoin

Kiyosaki started his tweet by saying that BlackRock CEO Larry Fink has been “dumping Bitcoin,” which is most likely a reference to the huge Bitcoin outflows from the firm's IBIT spot ETF this week, which amounted to $188 million.

Larry Fink dumping Bitcoin. VIVEK warned Larry Fink of BLACK ROCK is a Marxist. Vivek warned Fink & Black Rock are Share Holder Capitalist not Stake Holder Caplitist. Share Holder Capitalists are Marxist….like Klaus Schwab who state: “Someday you’ll own nothing and you’ll be…

Kiyosaki believes that “Black Rock (is) suppressing Bitcoin price (so) the whales (can) buy Bitcoin at under $100k.” The “Rich Dad Poor Dad” author went on to say that he loves having Bitcoin in his wallet and would never put his BTC holdings in a BlackRock ETF.

Still, Kiyosaki tweeted that he intends to continue stocking up on Bitcoin for one simple reason — it continues to rise in the current highly unstable economic environment: “I will keep buying more Bitcoin because Bitcoin going higher.”

Bitcoin to $350,000, Kiyosaki stresses

Moreover, Robert Kiyosaki reiterated his recent prediction that he expects BTC to soar to $350,000 next year, once again doubling down on his ultra-bullish forecast. He first shared this prediction 10 days ago in an X post.

Back then, Kiyosaki stated that the main reason for his prediction is the fact that the U.S. will have a pro-Bitcoin president who takes office in January. Trump accepted crypto donations during his election campaign and made several promises to the crypto community, including the creation of the strategic Bitcoin reserve and the pardoning of the Silk Road founder Ulbricht Ross from his double life-sentence, which he has been serving in prison since 2013.

Interestingly, before Bitcoin crossed $100,000 for the first time this December, Kiyosaki tweeted that he will stop buying BTC once $100,000 is breached as it is not the time “to get greedy” now. However, in today's tweet, he stated that he will continue accumulating Bitcoin.

Earlier this year, Kiyosaki predicted BTC to hit $500,000 in 2025 and then $1 million by 2030 based on AI data. He offered no details on that, however.

News source:u.today

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Other articles published on Dec 29, 2024