Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has made a bold prediction about Bitcoin price. He forecasts that Bitcoin will reach $350,000 by 2025, urging investors to prioritize self-custody over institutional ETFs. Kiyosaki’s statements have sparked interest, particularly as BlackRock’s Bitcoin ETF recently recorded a massive outflow.
Robert Kiyosaki Stands Firm on Bitcoin Ownership, Predicting $350K by 2025
In a recent post on X, Robert Kiyosaki reaffirmed his bullish stance on Bitcoin, citing its potential as a store of value and protection against economic instability. He encouraged his followers to prioritize self-custody by holding Bitcoin in their private wallets rather than entrusting it to institutional products.
Kiyosaki further claimed that Bitcoin price is being suppressed by major financial players, including BlackRock, to allow large investors to accumulate at lower prices. Despite these alleged manipulations, he expressed confidence in Bitcoin’s future, forecasting a sharp increase to $350,000 by 2025.
More so, Robert Kiyosaki recently predicted a global economic depression, warning that the financial market crash has already begun, with Europe, China, and the U.S. experiencing downturns. The Rich Dad Poor Dad author urged individuals to safeguard their finances and consider investing in assets like Bitcoin, gold, and silver.
BlackRock’s Bitcoin ETF Records $188.7M Outflow
On December 25, BlackRock’s Bitcoin ETF, iShares Bitcoin Trust (IBIT), experienced a record outflow of $188.7 million, one of the largest Bitcoin dumps in history. This significant sell-off has led to widespread speculation about its timing and potential motives.
Market observers have raised questions about whether this move aligns with a broader strategy by large financial institutions to influence Bitcoin price movements. Such activity underscores the growing tension between institutional adoption and individual control.
Moreover, Robert Kiyosaki joined Vivek Ramaswamy in criticizing Environmental, Social, and Governance (ESG) initiatives. He shared Ramaswamy’s view that BlackRock’s approach to corporate governance, centered on ESG, represents “stakeholder capitalism.”
The Rich Dad Poor Dad author added,
“I love Bitcoin in my own wallet. I would not trust Bitcoin in Black Rocks ETF.”
Through his firm Strive Asset Management, Ramaswamy advocates for “anti-woke” investing, pushing back against the influence of ESG criteria in business. He likened BlackRock’s practices to philosophies espoused by figures like Klaus Schwab, who once said, “You’ll own nothing and you’ll be happy.”
Despite the allegations of price suppression by large financial players, Robert Kiyosaki remains confident in Bitcoin trajectory. He reiterated his intention to continue buying Bitcoin, citing its long-term potential as a hedge against economic uncertainty.
At press time, BTC price stands at $94,268, reflecting a 2% decline over the past month. The cryptocurrency’s market capitalization is approximately $1.86 trillion, with a 24-hour trading volume of $52.36 billion, marking an 11% increase.
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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