U.Today
Robert Kiyosaki, investor and author of the best-selling book "Rich Dad Poor Dad," published a tweet about Bitcoin and BlackRock's CEO.
Kiyosaki criticized Larry Fink, stating he intends to keep buying Bitcoin, reiterating his bullish price prediction of $350,000 for the world’s largest cryptocurrency.
Kiyosaki says he will keep buying Bitcoin
Kiyosaki began his tweet by mentioning that BlackRock CEO Larry Fink has been "dumping Bitcoin," likely referencing significant BTC outflows from the firm’s IBIT spot ETF, totaling $188 million this week.
He believes that "BlackRock is suppressing Bitcoin price so whales can buy Bitcoin at under $100k." The "Rich Dad Poor Dad" author expressed his admiration for Bitcoin, stating he wouldn't entrust his BTC holdings to the BlackRock ETF.
He stated, "I will keep buying more Bitcoin because Bitcoin is going higher," emphasizing his commitment.
Bitcoin to $350,000, Kiyosaki stresses
Kiyosaki reaffirmed his prediction that BTC will soar to $350,000 by next year, doubling down on his bullish forecast. He initially shared this prediction ten days ago.
Kiyosaki cited the pro-Bitcoin stance of the incoming U.S. president, who endorsed crypto donations during their campaign, as a primary reason for his prediction, alongside promises such as creating a strategic Bitcoin reserve and pardoning Silk Road founder Ross Ulbricht.
Interestingly, before Bitcoin crossed $100,000 for the first time in December, Kiyosaki mentioned he would stop purchasing BTC once that milestone was reached to avoid greed. Yet, in his recent tweet, he stated he would continue accumulating Bitcoin.
Earlier in the year, Kiyosaki predicted Bitcoin could reach $500,000 by 2025 and $1 million by 2030 based on AI data, though he did not elaborate on those forecasts.
This article was originally published on U.Today.
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