11.04.2024
Robert Kiyosaki backs crazy Bitcoin price prediction
11.04.2024
Mirjan Hipolito
Cryptocurrency and stock expert

Robert Kiyosaki, author of the bestseller "Rich Dad, Poor Dad" and an ardent cryptocurrency advocate, recently supported Cathie Wood's bold Bitcoin price prediction of $2.3 million per BTC.  

Amidst dire warnings of a global economic collapse, Kiyosaki took to his X (Twitter) page to share his thoughts on a statement by Cathie Wood, founder and CEO of ARK Invest, who believes the price of BTC could reach unprecedented heights.

"I also believe that Bitcoin will reach $2.3 million," he wrote. 

This statement is much more optimistic than Kiyosaki's previous predictions, which pointed to a BTC price between $300,000 and $1 million if the economy collapses. 

He also stressed the importance of learning from mistakes, encouraging subscribers to consider investing small amounts of money in Bitcoin to gain valuable insights into cryptocurrencies. 

At the time of writing, BTC was trading at $70,785, up 4.2% in the last 24 hours. Its market capitalization was $1.39 trillion. 

It is worth noting that Bitcoin is on the verge of halving, a key event for this asset. 

Vincent Maliepaard, Chief Marketing Officer at IntoTheBlock, believes that the halving will lead to short-term volatility, but in the long run, the price of Bitcoin will rise due to reduced supply and continued institutional interest. 

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