Finance Expert Predicts Bitcoin Will Touch $100,000 Soon, Here’s When
February 19 2024 - 6:00PM
NEWSBTC
Renowned finance author Robert Kiyosaki has once again made a
bullish price prediction for the flagship cryptocurrency, Bitcoin.
This time, he predicts that Bitcoin will hit $100,000 and mentions
when exactly this will happen. When Bitcoin Will Hit $100,000
Kiyosaki mentioned in an X (formerly Twitter) post that Bitcoin
will hit $100,000 by June 2024. However, he didn’t mention what
will propel this massive price surge. The finance expert is known
to be a huge advocate of the foremost crypto token and, at
different times, given his opinion on its potential. Related
Reading: $400 XRP Price Point: Analyst Breaks Down The Future Surge
Date Before now, Kiyosaki, who authored the best-selling book ‘Rich
Dad, Poor Dad,’ said that Bitcoin was going to rise to $150,000 and
singled out the Spot Bitcoin ETFs as what would drive this
parabolic move. He had also once identified the Bitcoin Halving as
being pivotal for BTC’s growth. Interestingly, the author is
believed to be a ‘crypto OG’ as he previously shared his excitement
about investing in BTC “years ago.” He also continues to urge
others to do the same, claiming that it is the way to avoid
becoming poorer due to the actions of the government. Kiyosaki
doesn’t shy away from criticizing the government and recently went
as far as branding the Federal Reserve “a criminal organization.”
According to him, the “Fed has destroyed the economy, made the poor
and middle class poorer, and bailed out their rich banking
friends.” Instead of trusting the Fed (possibly to fight
inflation), Kiyosaki stated that he would rather put his trust in
Bitcoin and other assets like Gold and Silver. BTC price
still above $52,000 | Source: BTCUSD on Tradingview.com BTC Will
Hit $100,000 But How Soon? There seems to be a consensus among
several crypto analysts that Bitcoin will no doubt hit $100,000 in
the next bull run. However, the ultimate question remains when
exactly this will happen. Just like Kiyosaki, crypto analyst Kevin
Svenson believes that this price level isn’t far off. Related
Reading: 4 Surprising Insights From Coinbase’s Earnings, COIN Sees
Bullish Surge Tom Dunleavy, Partner and Chief Investment Officer
(CIO) at MV Capital, also predicted that Bitcoin will hit $100,000
this year, although he didn’t give a more precise timeframe like
Kiyosaki. While some predictions remain devoid of a specific
timeframe, the belief is that this parabolic price surge will
happen after Bitcoin Halving. The Halving event has been projected
to be what kickstarts the next bull run. That isn’t surprising,
considering that Bitcoin is known to claim a new all-time high
(ATH) after miners’ rewards are cut in half. One of the most
bullish post-halving price predictions is Anthony Scaramucci’s
prediction that BTC will hit $170,000 in 2025. At the
time of writing, Bitcoin was trading at around $52,300, up over 1%
in the last 24 hours, according to data from CoinMarketCap.
Featured image from InfoMoney, chart from Tradingview.com
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