Author Robert Kiyosaki has revealed his opinion on the future of the leading digital asset Bitcoin. In a post on X, the Poor Dad Rich Dad Author said he shares the sentiment of Microstrategy CEO Michael Saylor, noting that Bitcoin could hit $13 million in 21 years. He revealed to his followers that Bitcoin is one investment that could put traders on the path to being millionaires.
Bitcoin’s optimism is yet to wane, as more people are coming out to encourage investment in the asset. The asset recently touched a new all-time high of $94,000, with many believing that Trump’s victory set it on that path. With that, analysts are now making predictions centered around the asset hitting $100,000 to start the new year.
Before Trump’s win, Michael Saylor has been an avid follower of the asset. The Microstrategy CEO has often shared the vision of what the asset could become with the company’s investors. Since the company started dabbling in Bitcoin in 2020, its investors have earned an annual profit of 44% from the asset.
Robert Kiyosaki shows solidarity for Bitcoin
Taking to X, the author reiterated his support for Bitcoin, talking about his keen devotion to keep buying it. “Bitcoin over $88.000. I will keep buying more Bitcoin till it passes $100,000. Then I will stop,” his November 12 tweet read. Days later, he told his followers that Bitcoin could go on to hit $100,000 Saylor predicted.
Furthermore, he discussed investment in education and Bitcoin, comparing both endeavors. He said Bitcoin provides a way to financial freedom while highlighting the difference between both. “You buy.01 Bitcoin today…you are a millionaire tomorrow. Sure beats going $50,000 in debt for a student loan…studying for years just to earn a flimsy MBA. Get smarter…. buy Bitcoin today. I am,” he said.
Kiyosaki has been urging people to buy Bitcoin, even before the elections that Trump won. However, it was the election victory that gave Bitcoin its much-needed rally, rising from $68,000 to $90,000. The market sentiment also shows that the rally could be sustained, going by the promises of the president-elect towards the industry. If his promises are anything to go by, the asset could still hit higher ceilings in the coming months.
Saylor’s bold Bitcoin prediction and market sentiment
Saylor made a staggering prediction when Bitcoin was at $55,000, telling CNBC that the asset could hit as high as $3 million. He also argued that Bitcoin ETF outflows will only increase the demand for the product. Saylor added that he anticipates a big growth for Bitcoin, noting that the asset could go from 0.1% of the global wealth to 7% in the next 20 years.
In the same vein, Saylor’s MicroStrategy is up by 964% since August 2020, rivaling other giants in the market. Other firms behind it are Nvidia at 94%, and Bitcoin at 387%. Meanwhile, analysts are backing Ethereum to go all the way. According to crypto analyst Ali Martinez, Ethereum could rival Bitcoin’s rally, hitting $10,000 in the process.
The analyst clarified that altcoins are yet to have their season and it is usually not complete without an Ethereum surge. Similarly, Ripple boss Brad Garlinghouse is backing XRP. The CEO said the asset was performing well before the SEC lawsuit, hoping that a favorable verdict could propel the asset to the top again.
Bitcoin has hit many all-time highs on its way to the present one, with the market tying the rise to Trump. The asset’s dominance is still around the 60% mark. Also, the crypto market could be open to more favorable conditions if Trump removes capital gains on assets issued by United States companies as he promised during his campaign.