Featured image from InfoMoney, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
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.\u00a0 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\u2019t 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.\u00a0 Related Reading: $400 XRP Price Point: Analyst Breaks Down The Future Surge Date Before now, Kiyosaki, who authored the best-selling book \u2018Rich Dad, Poor Dad,\u2019 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.\u00a0 Interestingly, the author is believed to be a \u2018crypto OG\u2019 as he previously shared his excitement about investing in BTC \u201cyears ago.\u201d 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\u2019t shy away from criticizing the government and recently went as far as branding the Federal Reserve \u201ca criminal organization.\u201d According to him, the \u201cFed has destroyed the economy, made the poor and middle class poorer, and bailed out their rich banking friends.\u201d 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.\u00a0 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\u2019t far off.\u00a0 Related Reading: 4 Surprising Insights From Coinbase\u2019s 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\u2019t 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\u2019t surprising, considering that Bitcoin is known to claim a new all-time high (ATH) after miners\u2019 rewards are cut in half. One of the most bullish post-halving price predictions is Anthony Scaramucci\u2019s prediction that BTC will hit $170,000 in 2025.\u00a0\u00a0 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.\u00a0 Featured image from InfoMoney, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":575835,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,656,679,6848,1119,1122,1144,78790],"class_list":["post-575805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-bitcoin-price-prediction","tag-btc","tag-btc-price","tag-btcusd","tag-btcusdt"],"acf":[],"yoast_head":"\n
Finance Expert Predicts Bitcoin Will Touch $100,000 Soon, Here\u2019s When<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n