Robert Kiyosaki, the writer of “Rich Dad Poor Dad,” has made a daring prediction about Bitcoin value. He forecasts that Bitcoin will attain $350,000 by 2025, urging traders to prioritize self-custody over institutional ETFs. Kiyosaki’s statements have sparked curiosity, significantly as BlackRock’s Bitcoin ETF just lately recorded a large outflow.
Robert Kiyosaki Stands Firm on Bitcoin Ownership, Predicting $350K by 2025
In a recent post on X, Robert Kiyosaki reaffirmed his bullish stance on Bitcoin, citing its potential as a retailer of worth and safety in opposition to financial instability. He inspired his followers to prioritize self-custody by holding Bitcoin of their non-public wallets slightly than entrusting it to institutional merchandise.
Kiyosaki additional claimed that Bitcoin value is being suppressed by main monetary gamers, together with BlackRock, to permit giant traders to build up at decrease costs. Despite these alleged manipulations, he expressed confidence in Bitcoin’s future, forecasting a pointy enhance to $350,000 by 2025.
More so, Robert Kiyosaki just lately predicted a global economic depression, warning that the monetary market crash has already begun, with Europe, China, and the U.S. experiencing downturns. The Rich Dad Poor Dad writer urged people to safeguard their funds and contemplate investing in belongings like Bitcoin, gold, and silver.
BlackRock’s Bitcoin ETF Records $188.7M Outflow
On December 25, BlackRock’s Bitcoin ETF, iShares Bitcoin Trust (IBIT), experienced a document outflow of $188.7 million, one of many largest Bitcoin dumps in historical past. This important sell-off has led to widespread hypothesis about its timing and potential motives.
Market observers have raised questions on whether or not this transfer aligns with a broader technique by giant monetary establishments to affect Bitcoin value actions. Such exercise underscores the rising stress between institutional adoption and particular person management.
Moreover, Robert Kiyosaki joined Vivek Ramaswamy in criticizing Environmental, Social, and Governance (ESG) initiatives. He shared Ramaswamy’s view that BlackRock’s method to company governance, centered on ESG, represents “stakeholder capitalism.”
The Rich Dad Poor Dad writer added,
“I love Bitcoin in my own wallet. I would not trust Bitcoin in Black Rocks ETF.”
Through his agency Strive Asset Management, Ramaswamy advocates for “anti-woke” investing, pushing again in opposition to the affect of ESG standards in enterprise. He likened BlackRock’s practices to philosophies espoused by figures like Klaus Schwab, who as soon as stated, “You’ll own nothing and you’ll be happy.”
Despite the allegations of value suppression by giant monetary gamers, Robert Kiyosaki stays assured in Bitcoin trajectory. He reiterated his intention to proceed shopping for Bitcoin, citing its long-term potential as a hedge in opposition to financial uncertainty.
At press time, BTC price stands at $94,268, reflecting a 2% decline over the previous month. The cryptocurrency’s market capitalization is roughly $1.86 trillion, with a 24-hour buying and selling quantity of $52.36 billion, marking an 11% enhance.
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with 4 years {of professional} expertise, having contributed considerably to varied media shops on cryptocurrency traits and applied sciences. With over 4000 revealed articles throughout varied media shops, he goals to tell, educate and introduce extra individuals to the Blockchain and DeFi world. Outside of his journalism profession, Ronny enjoys the joys of motorcycle using, exploring new trails and landscapes.
Disclaimer: The introduced content material could embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty to your private monetary loss.
