Market Trends and Predictions: Robert Kiyoski Shares His Insights on Bitcoin’s Future
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“Kiyosaki Criticizes BlackRock, Predicts Bitcoin Will Reach $350K by 2025”
Renowned author and entrepreneur Robert Kiyosaki has recently taken to X to share his thoughts on the current market trends. In a recent tweet, he criticized BlackRock for dumping Bitcoin and expressed his bullish sentiments on the cryptocurrency’s future.
According to him, he wouldn’t trust Bitcoin in BlackRock’s ETF as it is supposed to suppress its price so that large investors can buy it at under $100k. Kiyosaki believes that Bitcoin will reach an astonishing $350,000 by 2025, a prediction that has sent shockwaves throughout the cryptocurrency space.
Kiyosaki’s comments come amid an ongoing market slump, with GMT Price Defying Expectations and targeting another 85% rally. Interestingly, the news of Montenegro signing an extradition order for Do Kwon to the United States has also surfaced, adding fuel to the fire.
The recent developments have strengthened Bitcoin’s bullish outlook, as evident in the surge in its value. The influx of major financial institutions and corporations into the cryptocurrency space is expected to further boost its growth.
Kiyosaki’s criticism of BlackRock comes amidst a backdrop of significant institutional investment in the cryptocurrency market. This trend has seen notable publicly traded companies like KULR Technology allocating up to 90% of their surplus funds to Bitcoin, sending shockwaves throughout the crypto community.
The recent filing of an application for a Bitcoin Bond ETF by Strive Asset Management co-founded by Vivek Ramaswamy further cements this trend. Furthermore, Bitwise Asset Management has applied for an ETF that tracks shares of companies holding at least 1,000 BTC in treasury.
While some investors may view Kiyosaki’s prediction as outlandish, it is undeniable that the cryptocurrency market is experiencing unprecedented growth and adoption. As such, only time will tell if his forecast comes to pass.
Source: coinpedia.org
