Author of “Rich Dad, Poor Dad” and Bitcoin (BTC) fanatic Robert Kiyosaki has backed the premier cryptocurrency to achieve a $350,000 value mark in 2025. This daring prediction comes alongside slamming feedback towards asset supervisor BlackRock whom Kiyosaki accuses of attempting to control BTC’s value.
BlackRock Selling BTC In Favor Of Market Whales – Kiyosaki
In an X post on December 27, Kiyosaki claimed that BlackRock beneath the management of Larry Fink, is at present offloading massive quantities of Bitcoin as he voiced his mistrust over the asset supervisor’s involvement within the BTC market.
The American creator reiterated the views of republican Vivek Ramaswamy, who described Larry Fink as a shareholder capitalist i.e. people who find themselves centered on maximizing returns for shareholders somewhat than stakeholder capitalists who contemplate the curiosity of staff and communities.
In this regard, Kiyosaki additional alleges that BlackRock is intentionally suppressing Bitcoin’s value under $100,000 by way of sell-off to permit market whales to buy at decrease costs.
Truly, data from Arkham Intelligence exhibits that BlackRock has not too long ago moved +$203 million BTC to Coinbase Prime over the previous two days. However, it stays to be seen if BlackRock intends to promote these property or simply preserve possession on a custodial pockets.
Furthermore, Robert Kiyosaki advises towards investing in BTC by way of BlackRock’s ETF, preaching a mode of direct funding in place.
Ironically, BlackRock boasts of the largest Bitcoin Spot ETF i.e. IBIT with $52.71 billion in internet property. Amidst rumors of a deliberate BlackRock market offload and BTC’s ongoing value decline, IBIT recorded its largest market outflow ever of $188 million on December 26 in keeping with data from SoSoValue.
Nevertheless, Robert Kiyosaki backs Bitcoin’s strong bullish construction regardless of BlackRock’s alleged value manipulation antics. The creator affirms his conviction to buy extra BTC which he predicts will attain $350,000 per unit in 2025.
Bitcoin Price Overview
At the time of writing, Bitcoin trades at $94,405 reflecting a lack of 1.88% prior to now day. However, its every day buying and selling quantity is up by 12.95% and is valued at $51.35 billion.
According to its every day chart, Bitcoin’s rapid resistance lies at $100,000, overcoming which might propel a return to the $108,000 value area marking a complete value restoration for the premier cryptocurrency. Albeit, one other rejection at $100,000 will drive BTC to retain its present consolidation sample.
Regardless, Bitcoin continues to rank as the most important digital asset by market cap with complete market shares of $1.86 trillion, translating right into a crypto market dominance of 56.8%.
Featured picture from Crypto & Gambling News Box, chart from Tradingview
