Robert Kiyosaki, renowned for his “Rich Dad, Poor Dad” finance series, has astonished the crypto world with a bold Bitcoin price prediction. He forecasts Bitcoin to hit $350,000 by mid-August, citing it as speculation rather than a lie. Expressing certainty, he believes Bitcoin, along with Ethereum and Solana, will continue to rise. However, some of his followers are puzzled by this forecast, given Bitcoin’s current trading just below $71,000. Achieving his bullish forecast would require a 392% surge in two months, a scenario deemed highly unlikely despite recent excitement over Bitcoin ETF inflows.
Galaxy Digital CEO Mike Novogratz and Fundstrat’s Tom Lee have made optimistic predictions, but Kiyosaki’s target appears overly optimistic even to permabulls. Kiyosaki also backed Cathie Wood’s Ark Invest’s long-term bullish target of $2.3 million.