Rich Dad Poor Dad Author Crashes His 2025 Bitcoin Target by 30%
January 3, 2025
Robert Kiyosaki, author of the financial literacy book Rich Dad Poor Dad, has revised his bold 2025 Bitcoin (BTC) prediction.
In a tweet on Thursday, Kiyosaki projected that the premier cryptocurrency will reach a price range of $175,000 to $350,000 this year. According to Kiyosaki’s forecast, Bitcoin must soar between 81.75% and 263.5% from its current price of $96,286 to reach the projected targets within the next 12 months.
Kiyosaki Reduces Bitcoin 2025 Target By 30%
This optimistic outlook represents a 30% reduction from his previous target set for 2025. In 2023, the Rich Dad Poor Dad author predicted that Bitcoin would reach $500,000 by 2025.
He made the bold prediction despite Bitcoin trading at $21,898 at the time. However, in his New Year message, he reduced the target to a price range of $175,000 to $350,000.
This prediction aligns with Kiyosaki’s optimistic view of the firstborn crypto asset. It is worth mentioning that Kiyosaki views Bitcoin as a hedge against traditional financial systems, economic instabilities, and geopolitical tension.
In 2023, when he projected Bitcoin’s surge to $500,000, he emphasized that people were gradually losing faith in fiat currencies, especially the dollar. He encouraged saving in Bitcoin, indicating that this action could drive the asset to unprecedented levels.
Previous Bitcoin Predictions From Kiyosaki
In addition to the predictions above, Kiyosaki has set other bold targets for the world’s largest cryptocurrency. These include a potential surge to $100,000 by June 2024 and an increase to $350,000 by August 2024.
Notably, Bitcoin eventually hit the $100,000 target six months after Kiyosaki’s projected timeline. The premier asset is still far from reaching the $350,000 target. It is significantly low from this level, trailing the target by 263.5% from its current price.
Nonetheless, the prediction reflects Kiyosaki’s confidence in Bitcoin as a store of value and its ability to outperform other traditional financial instruments. It comes at a time when Bitcoin ranked as the best-performing asset globally in 2024, outperforming every major asset like gold, the S&P 500, and the NASDAQ 100.
At press time, Bitcoin is trading at $96,286, up 0.25% over the past 24 hours and 0.48% in seven days. Bitcoin is currently down 11.2% from its all-time high (ATH) of $108,268, registered on December 17, 2024.
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