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Kiyosaki's followers were puzzled by the recent price target considering that Bitcoin is currently trading just below the $71,000 level. For his uber-bullish prediction to materialize, the flagship cryptocurrency would need to surge 392% within the next two months. Despite the recent excitement surrounding surging Bitcoin ETF inflows, such a scenario appears to be highly unlikely.
In April, the"Rich Dad Poor Dad" author also endorsed the $2.3 million long-term bullish target proposed by Cathie Wood's Ark Invest.Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
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