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$500,000 for Bitcoin price by 2025, Rich Dad, Poor Dad author shares optimistic prediction

The best-selling author of the personal finance book “Rich Dad Poor Dad,” Robert Kiyosaki, offered some gloomy forecasts about the economy’s future while praising gold, silver, and Bitcoin price as alternatives to the US dollar.

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Indeed, Kiyosaki said that the Federal Reserve was “forced to produce billions in false money,” which is how he referred to the U.S. dollar in his tweet, with the gloomy warnings of a “big fall approaching” and “depression possible.”

On the other hand, he predicted that by 2025, “faith in the US dollar, fake money, will be destroyed” and that gold would reach a price of $5,000 per ounce, “silver at $500, and Bitcoin at $500,000.” Finally, he referred to gold, silver, and bitcoin as “people’s dollars” and “God’s money.”

Notably, the renowned critic of the fiat currency system in the United States and around the globe and best-selling book and businessman has previously expressed concerns about a potential hard landing and warned that the world was already in a recession.

He had previously emphasized the need for investors to stay away from paper money in favor of hoarding precious metals like gold, which he anticipated would appreciate due to central banks’ stockpiling in the months ahead and that the stock market would probably continue to decline.

Regarding the main DeFi asset, Kiyosaki referred to it as “people’s money,” listed it among the three “hottest subjects on earth” along with silver and gold, and attributed its bullish advance in January to the rising demand for alternative investment products.

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BTC/USD 4-hour. chart | Source: TradingView

The leading cryptocurrency, which Kiyosaki projects will be worth $500,000 by 2025, was trading for $21,610 at the time of publication, down 1% from the previous day and 5% from the previous week but still up 9.1% on its monthly chart.

It’s also important to note that the Rainbow relative strength index (RSI), one of Bitcoin’s important technical indicators, turned green for the first time on February 12 following a protracted decline, indicating long-term positive momentum.

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