Amid stark warnings of an ‘everything crash’ and recommendations for safe-haven assets, an influential investor and famous author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki agrees with one extremely bullish Bitcoin (BTC) forecast.
Specifically, he has recently shared the prognosis by Cathie Wood, the founder and CEO of ARK Invest, which manages several exchange-traded funds (ETFs), who previously said that Bitcoin could hit a staggering $2.3 million per wholecoin, with which Kiyosaki has agreed in an X post he shared on April 11.
Kathie Wood quarantees Bitcoin will hit $2.3 million per BTC. Do I believe her? Yes I do. Kathie Wood is very smart. I trust her opinion. Could she be wrong? Yes. She could be. So what? The more important question is “ What do you believe?” What if Kathie is right? What if…
— Robert Kiyosaki (@theRealKiyosaki) April 11, 2024Bitcoin price prediction and analysis. Source: ARK Invest
Indeed, this prognosis happens to be a lot more bullish than Kiyosaki’s most optimistic suggestions, including the recent one that envisions the largest crypto asset by market capitalization at $300,000, or even his earlier prediction of $1 million if the economy crashes.
Meanwhile, Bitcoin was at press time changing hands at the price of $70,650, up 2.63% on the day, as well as rising 6.48% across the previous week while still recording a loss of 1.36% accumulated on its monthly chart, as per the most recent data retrieved on April 11.
Bitcoin price 7-day chart. Source: Finbold
All things considered, the time will tell whether Wood’s and Kiyosaki’s BTC price prediction is correct. That said, relying on such definite projections comes with major risks, so doing one’s own research and weighing these risks before investing is critical.
Featured image via Ben Shapiro’s YouTube.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.