Robert Kiyosaki Predicts $10 Million Bitcoin — Here\'s Why

Priced around $57,500 in mid-July, bitcoin is up nearly 90% in 2024 alone. Its market capitalization is well over $1 trillion. With all that growth, it's worth asking what comes next for bitcoin.

Bitcoin’s price has been on a wild ride in 2024, and many people are wondering what comes next for the world’s most popular cryptocurrency. One person who has made a bold prediction is “Rich Dad” Robert Kiyosaki.

In a post on X, Kiyosaki predicted that bitcoin will reach a price of $10 million per coin. He bases this prediction on the United States’ debt problem, which he believes will eventually cause the value of the dollar to collapse.

“When the dollar fails, bitcoin will be the people’s money, and it will go easily to $10 million per bitcoin,” Kiyosaki wrote.

Kiyosaki’s prediction is certainly ambitious, and it remains to be seen whether or not it will come true. However, his reasoning is sound, and it’s clear that he believes in the long-term potential of bitcoin.

Here’s a look at some other bitcoin price predictions from financial experts:

Cathie Woods and Jack Dorsey both believe that bitcoin will be worth $1 million or more by 2030. Their reasoning is largely the same as Kiyosaki’s, but they anticipate a less drastic increase.

Kiyosaki’s $10 million bitcoin prediction requires 25% of the world’s current-day wealth to be put into the asset.

Chamath Palihapitiya was an early investor in bitcoin, Tesla and Facebook. He’s still bullish on the popular crypto asset and has given a price prediction of $500,000 by October 2025.

Palihapitiya told CNBC that he thinks bitcoin will continue to rally in the coming months, reaching a price of $500,000 by October 2025. He added that he believes bitcoin could eventually be used as a currency for large transactions, such as buying a house.

“I think bitcoin will continue to rally. I think it will be a currency for large transactions, like buying a house. It will be used for that type of thing by October 2025.”

Chamath Palihapitiya on CNBC

If Palihapitiya’s prediction comes true, it would represent a massive gain of over 1,000% from bitcoin’s current price. However, it’s important to note that cryptocurrency markets are highly volatile, and anything can happen.

Peter Brandt is one of the most respected financial analysts and traders in the world. He’s built that reputation by being right more often than wrong consistently throughout his 40-plus year career. That makes his opinion worth considering.

Brandt says that bitcoin will be worth between $120,000 and $200,000 by September 2025. This still represents substantial growth but is perhaps more realistic than some of the loftier predictions.

In a recent interview with Stansberry Research, Brandt said that he’s bullish on bitcoin in the long term but believes that the recent rally is unsustainable. He added that he thinks bitcoin will correct later this year, falling to a price of around $120,000.

“I’m bullish on bitcoin long term, but this recent rally is ridiculous. It will correct later this year, maybe falling to $120,000.”

Peter Brandt in an interview with Stansberry Research

After the correction, Brandt predicts that bitcoin will begin another bull cycle, ultimately reaching a price of $200,000 by September 2025.

Warren Buffet is one of the most successful investors of all time. He’s also known for his strong opinions on various assets, including bitcoin.

In 2022, Buffet said he wouldn’t pay $25 for all the bitcoin in the world. In other words, he thinks the asset is worthless.

It would be easy to dismiss Buffet’s opinion as that of an out-of-touch, aging billionaire. But if you’re going to consider the best possible upside for bitcoin, you should also review something like the worst possible downside.

Buffet has said that bitcoin — and cryptocurrency in general — will “almost certainly” come to a bad ending. He bases this on the idea that you can’t do anything with bitcoin but sell it. In other words, Buffet doesn’t see bitcoin as an asset, but rather something people speculate on.

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