- Saylor made the bold prediction that Bitcoin’s price may reach $13 million in the next 20 years.
- Bitcoin has not only surpassed its previous highs, but it has also held strongly in this bullish cycle.
Author Robert Kiyosaki of the best-selling “Rich Dad Poor Dad” book has given his stamp of approval to MicroStrategy cofounder Michael Saylor’s $13 million Bitcoin forecast. In his opinion, Saylor is correct. According to Kiyosaki’s latest social media post, Saylor is quite smart. The price of Bitcoin hit $94,040 on November 19th, according to statistics compiled by CMC.
Saylor made the bold prediction that Bitcoin’s price may reach $13 million in the next 20 years during his interview with CNBC in September. If Bitcoin’s price goes above $100,000, Kiyosaki has warned Bitcoin bulls they would be “slaughtered.” He recently said that he will cease purchasing Bitcoin at that point. This seems to be contradicted by his most recent social media post.
Kiyosaki mentioned:
“If Saylor is on target….which I think he is…. that means for $9,000 today….you buy .01 Bitcoin today…you are a millionaire tomorrow.”
Banking on Bitcoin Surge
Instead of encouraging his followers to go to graduate school, the financial analyst mocked the concept and suggested they invest in Bitcoin. Avoiding a $50,000 student loan debt is preferable, no doubt about it, in order to get a weak MBA. Instead, get Bitcoin today, he wrote.
Despite Kiyosaki’s claim that 0.01 Bitcoin would cost $9,000, some social media critics pointed out that his calculation was incorrect, since 0.01 multiplied by $90,000 is $900.
Bitcoin has not only surpassed its previous highs, but it has also held strongly, further solidifying its place in the current bullish cycle. The market is filled with optimism as Bitcoin once again demonstrates its resilience and capacity for growth, reaching this milestone.
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