In brief
- Robert Kiyosaki is once again urging followers to buy Bitcoin, calling it the “easiest time in history to become rich.”
- Bitcoin hovered near $109,600 Sunday, recovering from a brief dip after Trump reversed a threatened 50% EU tariff that had rattled markets.
- Analysts remain cautious, with B2 Ventures’ Arthur Azizov saying Bitcoin “might reach $130,000 by the end of this year or early next.”
The author of the best-selling book “Rich Dad Poor Dad” has called it “so easy” to get rich through Bitcoin, and says he can’t understand why more people aren’t buying in.
“Why everyone is not buying and holding Bitcoin is beyond me,” Robert Kiyosaki tweeted late Sunday. “Even .01 of a Bitcoin is going to be priceless in two years… and maybe make you very rich.”
His latest remarks come as Bitcoin hovered around $109,600 Sunday night, bouncing back from a brief tariff-induced dip that was then followed by President Donald Trump’s walk-back of a threatened 50% levy on EU goods.
Trump had floated a 50% levy on EU imports on Friday before walking back the timeline on Sunday, giving markets a reprieve. U.S. equity futures rose on the news, and crypto prices steadied.
Kiyosaki’s tweet is the latest in a string of pro-Bitcoin statements he’s made in recent years.
In March 2024, he projected that Bitcoin could hit $300,000 by year’s end, later revising his forecast to $350,000 by the end of 2025, while warning of an inevitable collapse in U.S. monetary stability and urging followers to “bail yourself out…by saving real gold, silver, and Bitcoin.”
On Sunday, he again framed Bitcoin as a long-term wealth vehicle, likening its volatility to “real life” and urging followers not to “miss the easiest time in history to become rich and financially free.”
The author also directed readers to follow well-known advocates like Raoul Pal, Michael Saylor, and Anthony Pompliano, writing, “Open your eyes and your mind… look into the future of money.”
Meanwhile, Saylor’s Strategy, formerly MicroStrategy, already the largest corporate holder of Bitcoin, disclosed last week that it had purchased another $764 million worth of Bitcoin, bringing its total to 576,000 coins worth roughly $64 billion.
Even as momentum builds for the world’s largest crypto, analysts are urging caution as markets enter uncharted territory.
“Now that Bitcoin has set a new ATH, any forecasts from this point on are purely theoretical as there’s no historical chart data to rely on when it comes to price discovery beyond this level,” Arthur Azizov, founder of B2 Ventures, told Decrypt.
The analyst said that “given the current context surrounding Bitcoin,” it could “reach $130,000 by the end of this year or early next,” but warned that “when a correction does come, it could easily take the price down to “$60,000–$50,000 range.”
Edited by Sebastian Sinclair
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