Famous writer Robert Kiyosaki, known for his book “Rich Dad Poor Dad”, recommends that the US dollar dies in almost every post and that people buy gold, silver and Bitcoin.
In this context, Kiyosaki, who advised them to buy BTC in his last post, also shared the price target for Bitcoin.
Stating that inflation has peaked and the BRICS countries are researching a gold-based cryptocurrency, the famous name said that he expects the price of Bitcoin to rise to $ 120,000 next year.
“The BRICS countries (Brazil, Russia, India, China and South Africa) are announcing a gold-backed cryptocurrency to explore alternative financial systems.
The US dollar will die. Inflation skyrocketed.
Buy Gold, Silver.
Bitcoin will reach $120,000 next year.”
August 22, 2023, in Johannesburg, South Africa, BRICS nations announce gold backed crypto. US $ will die. Trillions of US $ rush home. Inflation through the roof. Buy Gold,
Silver. Bitcoin to $120k next year.— Robert Kiyosaki (@theRealKiyosaki) July 11, 2023
Reiterating his stance in his previous posts, Kiyosaki once again warned people about the economic collapse and advised them to invest in assets such as Bitcoin, gold and silver instead of dollars.
The Bitcoin price target shared by Robert Kiyosaki coincides with the giant bank Standard Chartered, which raised its BTC price forecast yesterday.
Because Standard Chartered also increased the price target for Bitcoin, saying that it expects BTC to reach $50,000 by the end of 2023 and $120,000 by the end of 2024.
Bitcoin continues to trade at $ 30,492 at the time of writing.
*Not investment advice.