{"id":228869,"date":"2024-06-06T09:45:17","date_gmt":"2024-06-06T09:45:17","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/06\/06\/rich-dad-poor-dad-author-predicts-bitcoin-to-hit-350000\/"},"modified":"2025-06-25T17:17:46","modified_gmt":"2025-06-25T17:17:46","slug":"rich-dad-poor-dad-author-predicts-bitcoin-to-hit-350000","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/06\/06\/rich-dad-poor-dad-author-predicts-bitcoin-to-hit-350000\/","title":{"rendered":"Rich Dad, Poor Dad Author Predicts Bitcoin to Hit $350,000"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjA1NjYzMTYyNzY1MTU3ODI5\/robert.jpg\" \/><\/p>\n<p>Renowned personal finance author Robert Kiyosaki has predicted Bitcoin will reach $350,000 by August 25, 2024. The Rich Dad, Poor Dad writer has long been a Bitcoin bull, touting Bitcoin as hard money alternatives.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">NEW: Rich Dad, Poor Dad author predicts <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> will reach $350,000 by August 2024.<\/p>\n<p>Are you prepared? \ud83d\ude4c <a href=\"https:\/\/t.co\/6Isr7UZUVT\">pic.twitter.com\/6Isr7UZUVT<\/a><\/p>\n<p>&mdash; Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1798632445279097217?ref_src=twsrc%5Etfw\">June 6, 2024<\/a><\/p><\/blockquote>\n<p>In a recent <a href=\"https:\/\/x.com\/theRealKiyosaki\/status\/1798476195232973066\">X post<\/a>, Kiyosaki projected Bitcoin to hit $350,000 based on his lack of faith in U.S. leadership. He labelled <a href=\"https:\/\/bitcoinmagazine.com\/tags\/biden\">President Biden<\/a>, Treasury Secretary <a href=\"https:\/\/bitcoinmagazine.com\/tags\/janet-yellen\">Janet Yellen<\/a>, and Fed Chair <a href=\"https:\/\/bitcoinmagazine.com\/tags\/jerome-powell\">Jerome Powell<\/a> as &#8220;the 3 Stooges in real life&#8221; and said he was confident in their incompetence.<\/p>\n<p>Kiyosaki advised buying more Bitcoin to protect against poor economic stewardship. He has frequently criticized the U.S. government&#8217;s stimulus spending and money-printing policies under Biden.<\/p>\n<p>While a long-term Bitcoin believer, Kiyosaki&#8217;s $350,000 target within two months is an extremely bullish projection. For bitcoin to reach that price by August, it would need to surge over 380% from current levels near $71,000.<\/p>\n<p>Still, the author sees potential for explosive Bitcoin growth ahead, calling his prediction &#8220;not a lie.&#8221; Kiyosaki endorsed Ark Invest&#8217;s $2.3 million long-term Bitcoin price forecast earlier this year.<\/p>\n<p>The bold projection follows surging inflows into <a href=\"https:\/\/bitcoinmagazine.com\/tags\/bitcoin-etf\">U.S. spot Bitcoin ETFs<\/a>, which saw their second-highest daily haul ever on <a href=\"https:\/\/bitcoinmagazine.com\/business\/us-bitcoin-etfs-saw-880m-in-inflows-highest-since-march\">Tuesday at over $880 million<\/a>.\u00a0<\/p>\n<p>Improving mainstream acceptance has buoyed Kiyosaki&#8217;s outlook. With major financial centres like Australia, the U.K., and the U.S. embracing spot bitcoin ETFs, confidence is rising.\u00a0<\/p>\n<p>While $350,000 by August appears overly optimistic, the author advocates Bitcoin&#8217;s potential as a hedge against what he views as unsound government policies. Kiyosaki urges investors to continue accumulating positions in Bitcoin.<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/business\/rich-dad-poor-dad-author-predicts-bitcoin-to-hit-350000\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Renowned personal finance author Robert Kiyosaki has predicted Bitcoin will reach $350,000 by August 25, 2024. The Rich Dad, Poor Dad writer has long<\/p>\n","protected":false},"author":1,"featured_media":228870,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/228869"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=228869"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/228869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/228870"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=228869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=228869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=228869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}