Famous Investor Kiyosaki's Position on Bitcoin
"Target Price $350,000" ... $100,000 Higher Than Before
"Trump, the First Bitcoin President" Mentioned
Robert Kiyosaki, the author of the economic book Rich Dad Poor Dad and a famous investor, predicted that the price of Bitcoin (BTC) will rise to a maximum of $350,000 (approximately 500 million KRW) next year. Just a few weeks ago, he forecasted a target price of $250,000 (approximately 362 million KRW), suggesting that Bitcoin could fall to $60,000 (approximately 86 million KRW).
On the 18th (local time), Kiyosaki stated on his X (formerly Twitter), "Bitcoin price will surpass $350,000 in 2025." This is about 230% higher compared to the current Bitcoin price (approximately $106,170). He advised investors to "hold more Bitcoin in 2025" based on this expectation. Previously, he had set the 2025 target price at $250,000, but within a few weeks, he raised it by $100,000. However, this forecast lacks a specific timeframe or clear analysis.
On the 18th, the Bitcoin price is displayed on a monitor at Bithumb Lounge Gangnam Branch in Seocho-gu, Seoul. Photo by Yonhap News
Kiyosaki originally emphasized the value of Bitcoin when its price was around $7,025 in 2017. While he used to prefer precious metals like gold and silver, he now considers Bitcoin his top preference. Nevertheless, he remains sensitive to price fluctuations. On the 1st, he said, "Bitcoin is not reaching $100,000," meaning "Bitcoin could fall to $60,000." Earlier, he also said, "Remember that the fat pig eventually gets slaughtered," adding, "This is not the time to be greedy. If Bitcoin goes over $100,000, everyone should sell."
Kiyosaki’s recent increase in his target price appears to be influenced by the election of Donald Trump, who has declared himself pro-cryptocurrency. On that day, he referred to Trump on X as the "first Bitcoin president." Kiyosaki’s portfolio is reported to have achieved a return of about 76.03% since early this year. During the same period, Bitcoin rose by 151.54%, supporting his investment strategy.
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