In a post on X (formerly known as Twitter), Kiyosaki expressed his positive outlook on Gold, Silver, and Bitcoin. He stated that gold is close to breaking the $2,100 mark and expects its price to continue rising. Additionally, he projected a long-term optimistic outlook for gold with a price of $3,700.
Kiyosaki’s prediction for Bitcoin is even more bullish, proposing that its next target is $135,000.
Currently, Bitcoin is trading just above $30,800, representing an almost 11% increase in the last 7 days.
Kiyosaki’s Continues to Support Bitcoin
Kiyosaki has been a vocal advocate for Bitcoin, recognizing its potential as a long-term investment.
Back in February of this year, he predicted that the price of Bitcoin will skyrocket to $500,000 by 2025. In July, he also foresaw the possibility of Bitcoin reaching $120,000 in the near future.
Kiyosaki’s positive outlook aligns with predictions from financial institutions such as Standard Chartered Bank, which also anticipates Bitcoin reaching $120,000 by the end of 2024.
Kiyosaki frequently emphasizes the potential of assets like Bitcoin, Gold, and Silver as hedges against potential economic crises driven by government actions.
Despite these predictions, Kiyosaki urges investors to not only consider the future price of these assets but also pay attention to the amount they currently own.
Last month, the best-selling author warned against an impending stock market crash, predicting that the decline in stock markets, bonds, and real estate would compel people to invest in assets like Bitcoin, Gold, and Silver.