Robert Kiyosaki: BTC will exceed $ 300,000 in 2024

Robert Kiyosaki, author of the book «Rich Dad, Poor Dad,» expressed his bullish sentiments on bitcoin BTC $56,506.40 Bitcoin -1.08% Market capitalization $1.11 trillion VOL. 24 hours $2.78 billion in a post on the X platform. He advised not to hesitate, emphasizing the importance of investing in the major cryptocurrency, even if the initial step is «only $ 500.» Kiyosaki expects bitcoin to reach $ 300,000 per coin in the coming years.

At the beginning of the week, bitcoin reached its all-time high, exceeding $ 69,000, thanks to the launch of spot bitcoin exchange-traded funds in January. However, on Tuesday, the cryptocurrency faced a sharp drop of 10%.

Since the beginning of 2024, the flagship crypto asset has risen by 55.83%, largely due to the approval and listing of spot bitcoin exchange-traded funds in January.

Kiyosaki’s bullish stance on bitcoin is nothing new. Previously, he has positioned the flagship crypto market as a solution to the «deepening» banking crisis and a potential weapon against «attempts at espionage by central banks through digital currency.»

In addition, Kiyosaki paid tribute to bitcoin for «kicking the fake US dollar and restoring integrity to money» when the price of the cryptocurrency rose to $ 64,000.

Despite BTC’s recent plunge, Kiyosaki’s tweet suggests that his belief in bitcoin’s potential remains unshaken.