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**”Kiyosaki Criticizes BlackRock, Predicts Bitcoin Will Reach $350K by 2025″**
Renowned author and investor Robert Kiyosaki has recently spoken out against financial giant BlackRock, while simultaneously revealing his unwavering confidence in the value of Bitcoin. In a recent tweet, he lambasted Larry Fink, CEO of BlackRock, for allegedly dumping Bitcoin.
The criticism comes amid reports that BlackRock’s Bitcoin ETF, the iShares Bitcoin Trust (IBIT), has seen a record outflow of $188.7 million on December 25. The sudden exodus from the fund has sparked intense speculation in the market, with Kiyosaki suggesting that it may be part of an effort to artificially suppress Bitcoin’s value.
In his tweet, Kiyosaki also went on to predict that Bitcoin will reach a staggering $350,000 by the end of 2025. This forecast is remarkably bullish, considering the current prices and market volatility.
Kiyosaki’s statements come at a time when many experts are reevaluating their positions in the cryptocurrency space. Recent developments suggest that institutional investors are increasingly embracing Bitcoin as a viable asset class. Notably, KULR Technology has acquired 217.18 BTC for $21 million, while Bitwise Asset Management and Strive Asset Management have filed applications for ETFs focused on companies with significant Bitcoin holdings.
These moves have strengthened the bullish outlook on Bitcoin, according to Kiyosaki. His prediction of a $350,000 value by 2025 is certainly eye-catching, and will undoubtedly be met with both excitement and skepticism from market participants.
Kiyosaki’s stance on BlackRock’s actions, as well as his Bitcoin price forecast, highlights the ongoing dichotomy between traditional financial institutions and the decentralized world of cryptocurrency. While some have expressed concerns about the potential impact of institutional involvement on the market, Kiyosaki seems to believe that these developments will ultimately drive up the value of Bitcoin.
As the crypto community continues to grapple with this issue, it remains to be seen whether Kiyosaki’s prediction will come to pass.
Source: coinpedia.org
