NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

“Rich Dad Poor Dad” Author Says $75,000 Bitcoin Possible as Economy Is “Dying”

Nick Chong
Nick Chong
1 year ago
2 mins read
Bitcoin Robert Kiyosaki featured image

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

It has been hard to miss the recent tweets from Bitcoin bull Robert “Rich Dad” Kiyosaki. The Vietnam veteran — best known for his book “Rich Dad Poor Dad” on financial wellness and success — has been putting his foot to the gas recently in promoting the leading cryptocurrency, gold, and silver.

He doubled down on this recently, asserting in a tweet that he thinks Bitcoin could hit $75,000 in the coming three years.

“Rich Dad” Predicts $75,000 Bitcoin Price By 2023

In a semi-viral tweet published May 16th, Kiyosaki suggested that with the “economy dying” and “hope” fading, he’s growing especially bullish on Bitcoin, gold, and silver.

The author-entrepreneur is so bullish on these assets, in fact, that he predicted a $75,000 Bitcoin price within the next three years, along with a near-doubling of gold’s price in a year, and a doubling of silver’s price in the coming five years.

ECONOMY dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @ $17. Predict $40 in 5 years. Bitcoin @$9800. Predict $75000 in 3 years. PRAY for the BEST-PREPARE for the WORST.

— Robert Kiyosaki (@theRealKiyosaki) May 16, 2020

Why He’s So Bullish

The reason why he’s so bullish on Bitcoin and precious metals is that he thinks the actions by the world’s governments and central banks are propping up a system of “fake money” poised to collapse. The “Rich Dad Poor Dad” author specifically cited the lack of interest rates, along with the quantitative easing programs by central banks, as a way to corroborate his point.

Kiyosaki believes that as a result of these macroeconomic trends, investors will flock to store of values and noncorrelated assets to secure their wealth in the long run. And to him, the assets that can provide such security are precious metals and Bitcoin.

As the outspoken entrepreneur fittingly put it in April, Bitcoin is the “people’s money,” gold is “god’s money,” and fiat is “fake money.”

$75,000 and Beyond Is Possible, Bitcoin Analysts Say

While $75,000 is over 700% higher than Bitcoin’s current market price of $9,200, a growing number of analysts are predicting that such a move is entirely possible within the next few years.

Raoul Pal — a former Goldman Sachs executive and hedge fund manager — recently wrote in the April edition of his newsletter, Global Macro Investor, that he thinks Bitcoin is preparing to rally to $100,000.

“The chart is spectacular… I think it hits $100,000 in the next two years alone. But it could go to $1m in the same time period,” Pal wrote in reference to the chart below.

bitcoin price
Bitcoin price chart from Raoul Pal

He argued in a number of interviews and in that newsletter that the ongoing macroeconomic situation with the COVID-19 outbreak and the record stimulus response indicates that the U.S. dollar and financial system may “break” in the coming years.

Bitcoin, to him, has the potential to replace some of the existing financial and monetary infrastructure should the “break” play out.

Photo by Alexander Popov on Unsplash
Tweet123Share196ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

加密周引爆比特幣與山寨幣牛市狂潮 TOKEN6900強勢飆升中!

美國國會迎來「加密周」,比特幣衝刺關鍵12.5萬美元關口,山寨幣全面爆發,梗幣明星 TOKEN6900(T6900) 狂慶50萬美元里程碑! 目前T6900預售價僅為 $0.006575,或將成為下一...

estherw 4 hours ago
Bitcoin

Bitcoin Is Not Stopping At $123,000 — Technical Indicators Point To $140,000 Top

Bitcoin (BTC) has reignited market excitement after smashing through the $123,000 level. Currently, technical indicators, surging liquidity, and macroeconomic tailwinds...

Scott Matherson 5 hours ago
Cardano price news

Cardano Flashes Major Buy Signal—$1.90 Target Unleashed

Crypto analyst Investing Broz has spotlighted Cardano (ADA) as one of the most promising altcoins currently breaking out amid a...

Jake Simmons 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Price Breaks $100K

Bitcoin Price Retreats After Hitting ATH — Bulls Pause for Breath

Aayush Jindal 1 hour ago

【全新升級】Bitunix整合TradingView圖表系統 打造移動裝置專業加密交易 

Peter Chow 2 hours ago

比特幣突破12萬美元上望20萬 值得關注5種可能突然上漲100倍山寨幣

Mark Mak 3 hours ago

Premium Sponsors

Press Releases

  • How XRP Users Can Make $1 Million from $100 in No Time at...

    3 hours ago
  • Aceste 3 monede sub 5 lei ar putea transforma o investiție de 1.000 RON în 10 milioane RON până în 2027

    2 достъпни криптовалути с...

    7 hours ago
  • Aceste 3 monede sub 5 lei ar putea transforma o investiție de 1.000 RON în 10 milioane RON până în 2027

    2 megfizethető kriptó 9000%-os potenciállal, olyan...

    9 hours ago
  • 2 cenovo dostupné kryptomeny s potenciálom 9 000 %, podobne ako kúpa Etherea za 8 dolárov začiatkom roku 2017

    2 cenovo dostupné kryptomeny s potenciálom 9 000 %...

    9 hours ago
  • Bitcoin Hyper

    ...

    13 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.