Summary
- Robert Kiyosaki said that he sees long-term upside potential for Bitcoin, citing expanding global liquidity.
- He said that if a major stock-market crash occurs, Bitcoin could climb to $750,000 within a year.
- He also said that as major countries expand the money supply, capital is likely to move into scarce assets such as Bitcoin.
Forecast Trend Report by Period
Robert Kiyosaki, author of the bestseller "Rich Dad Poor Dad," pointed to expanding global liquidity as a basis for Bitcoin (BTC)'s long-term upside potential.
According to CoinMarketCap, a virtual-asset (cryptocurrency) media outlet, on X (formerly Twitter) on the 6th, Robert Kiyosaki, author of "Rich Dad Poor Dad," said, "If a major stock-market crash occurs, Bitcoin could rise to $750,000 within a year."
Kiyosaki argued that as major countries continue to expand their money supply, capital is likely to flow into scarce assets. He added that Bitcoin, with its capped supply, could be among the primary beneficiaries of this trend.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
