Robert Kiyosaki Predicts Bitcoin to Rise to $120,000 in 2024

Robert Kiyosaki-min

Rich Dad Poor Dad bestselling author and entrepreneur Robert Kiyosaki predicted the “death” of the US dollar and the rise in the price of the first cryptocurrency to $120,000 next year.

Data: Twitter.

According to him, on August 22, the BRICS countries (Brazil, Russia, India, China, South Africa) will present a gold-backed cryptocurrency in South Africa.

“The US dollar will die. Trillions of dollars will come home. Inflation will skyrocket. Buy gold and silver. Bitcoin will hit $120,000 next year,” Kiyosaki wrote.

The BRICS summit will be held in South Africa from 22 to 24 August. One of its main topics will be a separate currency for trade between the countries of the union. As Forbes wrote, the head of the Central Bank of the Russian Federation, Elvira Nabiullina, called the initiative noteworthy, but difficult to implement.

This is not the first time Kiyosaki has urged subscribers to choose alternative investment options. In September 2022, he predicted the “greatest crash in history”, and in October he recommended buying the first cryptocurrency and other digital assets against the backdrop of a rising rate. Fed.

In February 2023, the entrepreneur predicted Bitcoin to rise to $500,000 by 2025 and called it the best insurance in volatile times, but warned about the volatility of the asset.

Recall that in March, Kiyosaki called for the purchase of digital gold and precious metals before the “crash landing” amid problems with US banks. The entrepreneur repeated his recommendations in April and May.

Earlier, the head of research at Matrixport, Markus Thielen, predicted the growth of bitcoin to $125,000 by the end of next year. Analysts at Standard Chartered came to a similar conclusion – $120,000 in 2024.

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