U.Today – Robert Kiyosaki, the investor and financial expert, also known for authoring the best-selling book on finance “Rich Dad Poor Dad,” posted a tweet about the CEO of BlackRock (NYSE:).
He criticized the latter and said that he intends to continue buying Bitcoin, once again expressing his very bullish prediction for the $350,000 price of the world's largest cryptocurrency.
Kiyosaki says he will continue to buy Bitcoin
Kiyosaki began his tweet by saying that BlackRock CEO Larry Fink was “giving up on Bitcoin,” likely referring to the staggering BTC inflows from the company’s IBIT ETF this week, which accounted for $188 million.
Kiyosaki believes that “BlackRock is suppressing the price of Bitcoin so that whales can buy Bitcoin for less than $100,000.” The “Rich Dad Poor Dad” author said he likes bitcoin in his portfolio and would never entrust his bitcoin holdings to the BlackRock ETF.
However, Kiyosaki tweeted that he intends to continue storing Bitcoin for one simple reason – that it continues to rise in the current very unstable economic environment: “I will continue to buy more Bitcoin because Bitcoin is rising.”
Kiyosaki confirms that the price of Bitcoin reaches $350,000
Furthermore, Robert Kiyosaki reiterated his recently announced forecast that he expects Bitcoin to rise to $350,000 next year, doubling down on his extremely bullish forecast. For the first time, he predicted this 10 days ago in X's post.
At the time, Kiyosaki wrote that the main reason for his prediction was the fact that the United States now has a pro-bitcoin president who will take office in January. Trump accepted cryptocurrency donations during his election campaign and made several promises to the cryptocurrency community, which include creating a Bitcoin Strategic Reserve and pardoning Silk Road founder Ulbricht Ross from his double sentence that he has been serving in prison since 2013.
Weird thing – before Bitcoin crossed $100,000 for the first time in December of this year, Kiyosaki tweeted that he would stop buying Bitcoin once there was $100,000 left because now was not the time to be “greedy.” However, he said in a tweet today that he will continue accumulating Bitcoin.
Earlier this year, Kiyosaki predicted that Bitcoin would reach $500,000 in 2025 and then $1 million by 2030 based on AI data. But he did not provide any details about that.
