Finance Expert’s Prediction
Renowned author Robert Kiyosaki has predicted that Bitcoin will reach $100,000 by June 2024. While he didn’t specify the reason for this surge, Kiyosaki has consistently been a Bitcoin advocate.
Previous Predictions
Kiyosaki has previously predicted Bitcoin reaching $150,000, citing the approval of Spot Bitcoin ETFs as a catalyst. He has also highlighted the Bitcoin Halving as a significant event for its growth.
Government Criticism
Kiyosaki has criticized the government, particularly the Federal Reserve, for its actions that he believes have impoverished the middle class. He urges people to invest in Bitcoin and other assets like gold and silver to protect themselves from government policies.
Analyst Consensus
Many crypto analysts agree that Bitcoin will eventually reach $100,000 in the next bull run. Kevin Svenson and Tom Dunleavy have also predicted this milestone, though Dunleavy did not provide a specific timeframe.
Post-Halving Surge
The Bitcoin Halving, where the reward for mining Bitcoin is cut in half, is often seen as a trigger for bull runs. Anthony Scaramucci has predicted that Bitcoin will reach $170,000 in 2025, after the next Halving.
Current Bitcoin Price
At the time of writing, Bitcoin is trading around $52,300, up over 1% in the last 24 hours.
