Robert Kiyosaki is once again encouraging his followers to invest in Bitcoin, asserting that this is the “most straightforward time in history to build wealth.” Bitcoin was trading around $109,600 on Sunday, bouncing back from a minor dip following Trump’s retraction of a proposed 50% EU tariff, which had unsettled the markets. Analysts remain skeptical, with B2 Ventures’ Arthur Azizov projecting that Bitcoin could “hit $130,000 by the end of this year or early next.”
The author of the acclaimed book “Rich Dad Poor Dad” labeled the opportunity to gain wealth through Bitcoin as “so effortless,” expressing confusion as to why more individuals are not seizing the moment.
“I cannot understand why everyone isn’t buying and holding Bitcoin,” Robert Kiyosaki tweeted late Sunday. “Even a fraction of Bitcoin will be invaluable in two years… and may make you extremely wealthy.”
These comments align with the current status of Bitcoin, which was valued around $109,600 Sunday night, recovering from a short-lived dip caused by the tariff news, only to bounce back after President Donald Trump retracted his proposed 50% tariff on EU goods.
Trump had initially suggested a 50% tariff on EU imports on Friday, but walked back that statement on Sunday, which boosted market confidence. Consequently, U.S. stock futures rose and crypto prices stabilized.
Kiyosaki’s latest tweet continues a trend of supportive comments he has made regarding Bitcoin in recent times.
In March 2024, he predicted that Bitcoin could reach $300,000 by the end of the year but later adjusted his estimate to $350,000 by the close of 2025, while also cautioning about a potential collapse of U.S. monetary stability, urging his audience to “protect yourself… by investing in real gold, silver, and Bitcoin.”
On Sunday, he reiterated that Bitcoin serves as a long-term wealth creation tool, drawing parallels between its fluctuations and “real life,” encouraging his followers not to miss the “easiest opportunity in history to become wealthy and financially independent.”
He also urged his audience to follow prominent influencers like Raoul Pal, Michael Saylor, and Anthony Pompliano, writing, “Open your eyes and your mind… consider the future of money.”
Additionally, Saylor’s strategy, previously known as MicroStrategy, which holds the most Bitcoin among corporations, announced last week that it had acquired another $764 million in Bitcoin, increasing its total to 576,000 coins valued at approximately $64 billion.
While excitement grows for the leading cryptocurrency, analysts are cautioning against potential risks as the markets navigate unfamiliar waters.
“As Bitcoin has established a new all-time high, any future predictions are essentially speculative, given the lack of historical data for price discovery beyond this point,” Arthur Azizov, founder of B2 Ventures, informed Decrypt.
The analyst added that “in the current landscape surrounding Bitcoin,” it could see “$130,000 by the end of this year or early next,” while also warning that “once a correction occurs, the price could easily fall to the $60,000–$50,000 range.”
Edited by Sebastian Sinclair
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