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Renowned author and financial educator Robert Kiyosaki forecasts a substantial rise in Bitcoin’s value, predicting it will reach $350,000 by 2025. His recent statements reinforce his belief in Bitcoin’s potential as a store of value and its protective properties against economic instability.
Kiyosaki Advocates for Direct Bitcoin Ownership
Kiyosaki advised his followers to consider storing Bitcoin $94,319 in personal wallets rather than relying on institutional vehicles, such as BlackRock’s IBIT ETF. He emphasized the importance of individual control over investments, especially in light of the current economic climate.
The iShares Bitcoin Trust (IBIT) from BlackRock experienced a significant outflow of $188.7 million on December 25. This notable sell-off occurred amid broader market negativity, raising questions among market observers regarding whether this move aligns with strategies of large financial institutions influencing Bitcoin price movements.
Kiyosaki’s Economic Predictions
Kiyosaki anticipates a global economic depre…
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