News - Expert sees BTC price at $300,000

By Mike Hesp

Expert sees BTC price at $300,000

Bitcoin (BTC)
Bull run

According to financial expert Robert Kiyosaki, Bitcoin still has enormous potential in 2024. He sees the next stop for BTC at $300,000. What's behind this?

In a new tweet, noted entrepreneur and author Robert Kiyosaki predicts a Bitcoin price of $300,000 by 2024. As BTC currently "on fire," he advises his fans to invest in the mother of all cryptocurrencies.

A popular financial expert, he explains that it is essential to invest in Bitcoin, even with only $500, to participate in long-term price increases. The BTC price has increased by as much as 60 percent since the beginning of the year.

Kiyosaki rose to fame as the author of the financial guide "Rich Dad Poor Dad," which has been translated into 57 languages and of which 41 million copies have been sold since publication.

In addition to Bitcoin, he has often promoted gold and silver in the past, which he sees as safer stores of value compared to fiat currencies such as the U.S. dollar. He sees precious metals and BTC as key assets for greater financial resilience.

This is not the financial guru's first ultra-bullish Bitcoin prediction. Last year, he stated that the value of the cryptocurrency could rise to $500,000 by 2025.

Despite Kiyosaki's latest prediction, Bitcoin is proving volatile. Just a few days ago, it reached BTC a new record high surpassing the previous record of $69,000 set in November 2021.

Kiyosaki, however, is not without controversy. He has been the subject of a class action lawsuit by participants in his seminars since 2010. The book's author was also at the center of various research documentaries.

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