"Wow, seriously, do you think the prediction is correct?"
Robert Kiyosaki, the author of the famous book Rich Dad Poor Dad has once again caught the attention of the cryptocurrency community after predicting that Bitcoin (BTC) will peak at $300,000 by the end of 2024.
The streak, Kiyosaki urged his followers to seize the opportunity provided by the current momentum of BTC following it can generate very significant profits despite only investing in the digital asset about $500.
It is well known that this is not the first time Kiyosaki has made bold predictions about BTC because last year, he, who is very confident that BTC can function as a hedge against economic instability, also expected its price to reach $500,000 by 2025.
Kiyosaki who supports investing in BTC, gold including silver has labeled it as a safer store of value than traditional fiat currencies such as the US dollar which is about to collapse and will not be an important contributor to financial resilience during an uncertain economy.
His latest prediction comes as BTC breaks the $69,000 level seen in November 2021 and it should be noted that the rise is driven by spot BTC ETFs including the expected halving event.
Similar price increases occurred in 2012 and 2016 as many believed BTC's current momentum could propel it to new heights in the coming years shortly after the digital asset broke its record.
If historical patterns repeat themselves, the price of BTC including the broader crypto market has the potential to see very bullish momentum.
