Bitcoin Price to Hit $100k by June 2024: Robert Kiyosaki

[TomPluz]

Robert Kiyosaki, author of the best-selling financial book “Rich Dad Poor Dad,” has once again made a bullish case for bitcoin price. On Sunday, he took to X (formerly Twitter) to declare, “BITCOIN to $100k by June 2024.” This bullish forecast further cements his position as a prominent advocate for cryptocurrency and “hard assets” like gold and silver.

Kiyosaki’s stance aligns with his long standing criticism of the Federal Reserve and its monetary policies. He frequently accuses the Fed of harming the economy and favoring the wealthy. In a previous tweet, he stated, “Don’t Fight the Fed? I say ‘F the Fed.’ Buy gold, silver, Bitcoin.”

This criticism extends to traditional financial advisors, who Kiyosaki claims steered clients away from Bitcoin and other hard assets to earn commissions. He recently celebrated a perceived shift in their stance, suggesting they are finally warming up to Bitcoin’s potential.

Read of this topic here: https://cryptonews.com/news/bitcoin-price-to-hit-100k-by-june-predicts-robert-kiyosaki.htm





I would consider Robert Kiyosaki one of the most visible and strong supporter of Bitcoin and he has been on the news lately promoting assets considered to be safe haven like BTC, gold and silver in case something wrong could happen with the USA economy which can drag the global economy to a halt and running away inflation coming in. Belonging to the older generation which we assumed can be reluctant to take in Bitcoin as an investment asset, he is spewing warnings on what can be and telling people to safeguard their wealth by buying and owning Bitcoin - as well as gold and silver, of course. With his $100K prediction, I think that it is very much doable right after halving and ETFs still a big force in the market. What is your take on this man's predicting power?

[hugeblack]

I follow Robert Kiyosaki's predictions and analyzes in general. He does not have a bright outlook on the economy and his predictions are usually conservative as he is not the type to make statements for the sake of excitement, so I think that $100,000 will be a realistic goal in the coming months. The question is about when it will no longer be valuable, since if we do not see $100,000 in 2024, this means the end of the bitcoin 4-year cycle.

[Don Pedro Dinero]

Well, commenting on all the predictions of these gurus is fine as entertainment but I don't believe any predictions any more than I believe my own. Since the failure of S2F and the ridiculous insistence of its author to reformulate it to see if he gets it right once and for all, I have little faith in anyone's predictive abilities.

I follow Robert Kiyosaki's predictions and analyzes in general. He does not have a bright outlook on the economy and his predictions are usually conservative as he is not the type to make statements for the sake of excitement, so I think that $100,000 will be a realistic goal in the coming months. The question is about when it will no longer be valuable, since if we do not see $100,000 in 2024, this means the end of the bitcoin 4-year cycle.

It is precisely because he does not envisage a very bright future for the economy that he believes bitcoin will rise in value, as will gold, due to the devaluation of fiat currency. Bitcoin has a limited supply and in the case of gold, supply growth is very slow.

[Captain Corporate]

Is it possible? Maybe. We have seen it go above 50k already, so by june, that would be a few more months nad there will be halving along the way, so I can't say that it is impossible. But is it expected to go that high? Not that soon, it will probably be around 2025 when we reach that 100k level. That doesn't matter in this case though, he is basically telling the world that bitcoin will go up, sure that 100k is a number but he doesn't really want to give a number, but saying it will go up doesn't really make hype. So to make hype, he is saying "you can double your money in a few months", to show how much it should be hyped.

[Z-tight]

Robert Kiyosaki has been making a lot of comments on BTC, gold and silver, and also the importance of storing assets like this, because he believes the economy and fiat currencies are moving to a very difficult place, in which they will lose most of their value. I agree with most of what Robert says, but i don't think we would see BTC at $100k by June this year, it could happen around the end of the year, but i just think June is too close, though i might be wrong.

[joniboini]

It seems more people are repeating the same $100k prediction mark this year. I don't know, it feels like cope to some point since we've been repeating this narrative for the last few years if I remember correctly. Not saying it won't happen, but seeing figures like him predicting this just makes me feel less confident about it. If anything, it feels like he's trying to set up liquidity to sell some of his bags. Maybe I'm just used to seeing scammers boldly making predictions like this. At the end of the day as long as the bull run happens and we break a new ATH nothing else really matters for me.

[Uruhara]

Robert Kiyosaki is one of the people I often follow when it comes to financial management. Because this man expressed his own opinions and experiences in the book and it is easy for even lay people to understand. But I might not be able to immediately believe his optimism about the price of BTC. but well, hopefully what this man predicted can come true. But I personally think that an increase to the price of 100k will probably happen at the end of this year or next year.

[LogitechMouse]

Well, he is saying to us investors to buy GOLD, SILVER, and BITCOIN.
I mean in the past, he only said to buy gold and silver, but now Bitcoin is included in the list as well. I guess that just shows that he's a believer in Bitcoin already, and he already knows that Bitcoin is here to stay.

I've been a fan of Kiyosaki ever since I read his "Rich Dad, Poor Dad" book. Just after reading that book, I immediately read his book "Fake", and watched his educational videos on YouTube. As much as I'm a fan of his, I don't want to buy Bitcoin just because he promoted it on his Social media account. I'll buy Bitcoin because I wanted to position myself for the upcoming bull run (hopefully). Anyways, seeing Bitcoin being promoted by one of the most successful businessmen in the world is just amazing to see.

Can somebody answer it here if there was a time when he said that he was holding Bitcoin as well aside from precious metals that he owned?

[BitMaxz]

The $100k prediction was predicted since the last block halving not just Robert Kiyosaki who predicted it but many people already said that until the next blockhalving.
However, it is still a prediction we know Bitcoin is too volatile but it still hasn't touched new ATH yet and everyone can predict what will be the price of Bitcoin but right now the possible price that Bitcoin can reach is around $80k. This can happen after the block halving or this coming the next year due to a drop in supply and an increase in demand. We're not a fortune teller who can predict the future all predictions we make are based on the historical events that happened in Bitcoin before until now it still happening comparing the historical chart as we can see every block halving the new ATH touches a new level times 3 or 4 times the price on the last ATH.

Since the last ATH is around $66k possible next ATH is around $120k above.

[Z-tight]

Since the last ATH is around $66k possible next ATH is around $120k above.

I agree, i think the prediction of $100k or > is very possible, so many people have been making this prediction for sometime now, and this year there is a major event before the halving, and that is the approval of BTC spot etf in the u.s. market and the introduction of more institutional investors into the BTC market. This is expected to drive the price of BTC to $100k or >, but newbies should still do their own research and not hold on to the analysis of anyone.

[antonyyu3]

I do believe cryptos just barely started and there is a tremendous opportunity. You never how crazy the price can go.

[trendcoin]

The price of Bitcoin is currently $50k. The Bitcoin spot ETF creates excellent demand for Bitcoin. There is a halving in the coming days. Everything is perfect and we only need to do 2X to be $100k. 2x is a very easy move for Bitcoin history. I consider Robert Kiyosaki's prediction a very possible and strong prediction and I think the majority of the forum members would agree with him.

[Faisal2202]

he is spewing warnings on what can be and telling people to safeguard their wealth by buying and owning Bitcoin - as well as gold and silver, of course. With his $100K prediction, I think that it is very much doable right after halving and ETFs still a big force in the market. What is your take on this man's predicting power?

Bitcoin touching $100k by June of 2024 seems a little hard for BTC to achieve. If he had said by the end of 2024 then I might have agreed with him but seeing such a knowledgable person (with resources) saying that I think either he is so optimistic about BTC price, or BTC really had that much potential (which it has, and I don't doubt but) that it can touch that target by June.

Well, if BTC is to touch $100k by June then it means I might be able to exit the market soon and would be able to achieve my targets as well, but did he (RK) also mention something about the ATH of BTC is going to be? I mean if BTC is going to make $100k by June that means it's not the bull run target, as bull runs doesn't start that fast.

[robelneo]

This is a modest prediction compared to the others who predicted Bitcoin to reach $1 million back 2020 without giving a concrete reason why is it so, Robert Kiyosaki is a prominent figure when it comes to saving and investment and so far based on what we're seeing its possible, but like experts have been saying all this time, the market is very volatile and one bad news and a possible shift could happen.
So if no series bad news comes then it's possible to reach that figure by June of this year.

[Z-tight]

I do believe cryptos just barely started and there is a tremendous opportunity. You never how crazy the price can go.

This is partly true, because i think BTC has been here for sometime already, however there is so much opportunity if you buy BTC while knowing what you are doing. The halving will happen very soon, spot etf's have already been approved in the u.s. market earlier this year, so the price can go very high, but do not forget to invest wisely.