Categories: Payment system news

Here’s When Bitcoin (BTC) Will Tap $100K, According to Robert Kiyosaki

It has been more than two years since the popular Laser-eye movements took over Crypto Twitter (X) when numerous Bitcoin proponents believed the asset will inevitably hit $100,000 after it had surged past $50,000 and $60,000.

However, as everyone who has followed even remotely the industry knows, that didn’t happen. Just the opposite, the landscape changed for the worse in 2022 and early 2023, which resulted in a price dump to under $20,000.

The second half of last year, though, is when the situation started to improve, perhaps driven by some hype around the potential approval of spot Bitcoin ETFs in the US. Although that seemed like a long shot back then, the involvement of BlackRock – the world’s largest asset manager – reversed people’s beliefs.

As such, BTC started to regain traction. Such products were finally approved at the start of 2024, and even though they turned out to be immediate sell-the-news events, their impact on the long term cannot be understated.

With the massive amounts of USD entering many of those financial products, BTC’s price has jumped above $50,000 once again, for the first time in over two years.

This has turned the community’s sentiment on its head, as the bulls seem to be in full control. As such, there are also numerous predictions flying around, each more impressive than the other.

Robert Kiyosaki, the author of Rich Dad, Poor Dad, also weighed in on the matter. He has been a Bitcoin supporter for years, often praising the asset, alongside gold and silver, over “fake” fiat currencies, like the dollar.

In his most recent post on BTC, Kiyosaki said the coveted $100,000 price tag will finally fall in the next four months.

BITCOIN to $100k by June 2024.

— Robert Kiyosaki (@theRealKiyosaki) February 18, 2024

The post Here’s When Bitcoin (BTC) Will Tap $100K, According to Robert Kiyosaki appeared first on CryptoPotato.

superadmin

Recent Posts

Evernorth CEO Explains Why He Chose XRP Over Bitcoin

Asheesh Birla, the CEO of Evernorth Holdings Inc., revealed why the Nasdaq-listed digital asset treasury…

23 minutes ago

Ethereum’s RWA Dominance Slips as Solana, BNB Chain, Stellar, and Avalanche Gain Ground: Data

The RWA market is evolving rapidly, according to a new report shared today by institutional…

2 hours ago

Ripple’s XRP Risks Losing Spot Among Top 10 Cryptos by 2030 Unless This Crucial Shift Happens, Pundit Warns

Ripple-linked XRP may be one of the biggest names in the cryptoverse today, but its…

1 day ago

Billionaire Investor Chamath Palihapitiya Says Bitcoin Will Eventually Be Hacked by AI and Go to Zero

The debate over whether Bitcoin’s hashing algorithm can be hacked continues to evolve. This time,…

1 day ago

Cardano Foundation Pushes Back on New MiCA Rules for DeFi and Staking

The Cardano Foundation has urged the European Commission not to broaden the Markets in Crypto-Assets…

1 day ago

“1% of Global Capital Being Invested in Bitcoin Would See a Price of About $275,000,” Market Expert Reveals

Matt Crosby, a research director at Look Into Bitcoin, said in a recent interview that…

1 day ago