Robert Kiyosaki, one of the investors and entrepreneurs well-known in the financial world, made an important prediction about the Bitcoin (BTC) price in his latest statement.
Claiming that the values of gold, silver and Bitcoin in particular will continue to rise, Kiyosaki cited the US Federal Reserve as the “collapse” as the reason for this. Stating that he continues to buy more Bitcoin, Kiyosaki stated that he expects the BTC price to reach $250,000 this year.
In addition, the analyst claimed that Bitcoin is a better asset than silver or gold. The reason for this is that the maximum number of BTC that can be in circulation in history is limited to 21 million. He added that gold, silver mines and oil well owners can simply increase their production when the price of these assets increases, but this is not the case with Bitcoin.
The FED was under pressure from US President Donald Trump to lower interest rates again today. Trump is openly calling on Jerome Powell to lower interest rates.
*This is not investment advice.
