Bitcoin Forum

In a recent twitter, Robert Kiyosaki claims that the USD is about to be ruined, and that in 2024 bitcoin will be worth $120k.

https://www.talkimg.com/images/2023/07/12/ZkAKq.png
https://twitter.com/theRealKiyosaki/status/1678652054951317504

What do you think of this type of predictions? Do you feel the market moving in that direction?


It is curious to note that Standard Chartered Bank, which recently claimed that Bitcoin will surpass $100,000 by the end of 2024 (https://www.reuters.com/technology/standard-chartered-bumps-up-bitcoin-forecast-120000-2023-07-10/).

He is realistic with his tweet and that target price for Bitcoin in 2024. No one can say surely about future but that target price is only x2 from Bitcoin all time high in 2021 so it is realistic.

Kiyosaki did not make a bullshit call like Balaji Srinivasan Explains $1M Bitcoin in 90 days (https://www.coindesk.com/markets/2023/04/28/balaji-srinivasan-explains-1m-bitcoin-bet-rationale-says-could-take-90-months-not-90-days/)

If an investor has belief that Bitcoin will not die ^[1], I believe it will not too, holding bitcoin till 2028 or 2032 will be a very great choice.

^[1] “Bitcoin Is Dead” - The #1 Database of Notable Bitcoin Skeptics (https://buybitcoinworldwide.com/bitcoin-is-dead/)

What will ruin the price of USD? It is still the most valuable fiat till now. I can understand that we should not hold fiat, that is correct and accurate because fiat depreciate in value. Among all fiat, I still prefer USD the most which some people can prefer after a massive bull run for short term holders.

Bitcoin is an appreciative asset and a store of value if you can hold it for long term. If anyone will tell me that bitcoin will reach all-time-high by 2024 to 2025, hit six digits and more uptrends, I will not doubt that because bitcoin has been an appreciative asset right from time.

If you take a trip down memory lane, you will understand that there are bull run periods and bear market periods. 2024 and 2025 are another bull periods. Starting from next year, we should expect increase in the price of bitcoin. There are many whale celebrities and institutional investors that are now pointing towards these period of 2024 and 2025. It should be another opportunity which should not be missed.

I knew I've heard that name before so I did a quick Google search. While it's important not to take his opinions at face value, we can't deny the fact that interesting times are ahead for Bitcoin and interestingly, if the BRICs alliance (Brazil, Russia India, China and South Africa) rumors are true and they go ahead to launch their own world currency, then that's a problem for USD. I see this as an opportunity for Bitcoin to grow. It's very important that we position ourselves for whatever turns of the event.

Certainly, interesting times are ahead for Bitcoin.

If I understood him correctly, I see this type of prediction as something that is attached to the devaluation of the US dollar. Which is when inflation hits it too hard, the dollar will be devalued, making 1 dollar not equal to a dollar again, and as a result of that, the price of Bitcoin needs to go up in USD in order for it to match the current value. If that's what he means, then his prediction will only be possible when the dollar value reduces.
 
But aside from that, I still believe Bitcoin could possibly do close to that amount; there are a lot of possibilities that could make that happen.

We do not need to associate fiat to the reason bitcoin will grow like you meant in your statement. 2024 and 2025 are years that many crypto enthusiasts have been waiting for. If bitcoin increase in price, not because of BRICS alliance or whatever you called them. If something like that do not exits, bitcoin price will increase. If USD price do not fall, bitcoin will increase in price.

Among the foreign reserve currencies, USD makes up 60% as of this year while Euro makes up of 20%. That is 80%. Among the country that you mentioned, Chinese Yuan makes up of 3% of foreign reserves, which is the highest among them. The money that Russia, Brazil, India and South Africa are spending are under the remaining foreign reserves which do not make up to 8% after excluding Pounds Sterling.

I do not know the type of alliance they want to form, but know that I do not yet see it as any threat to weaken USD and EUR as the world's reserve currencies.

Inflation of a national fiat currency will make price of all things in that nation skyrockets like in Venezuela and some other nations.

However the US. dollar will not devalue terribly like Venezuelan bolívar (https://en.wikipedia.org/wiki/Venezuelan_bol%C3%ADvar) as they have FED. to somewhat control the inflation. They make inflation but not at a speed in Venezuela and the US. dollar is not hyperinflated like Venezuelan bolívar.

Worthless currency turns into bags of money (https://www.dw.com/en/venezuelas-worthless-currency-turns-into-bags-of-money/a-43833213)
https://static.dw.com/image/43802919_906.jpg

I laughed a lot when I read that bullshit call. Because if Bitcoin hits $1M within 90 days from March 2023 price, the world should be in a very serious situation which I don't want to live in.

This is very realistic price and master kiyosaki have my respect on this, other big men in this crypto world are splitting out nonsense price per Bitcoin in 2024 - 2025, and I believe that it's possible they are doing it intentionally, so that even if Bitcoin is at 120k many will continue to buy, targeting 500k per BTC or 1 million dollars per BTC.

If you are wise and you lack how Bitcoin chart works, start taking profit at 80k, I don't believe that Bitcoin will do extremely well over 100k, it's just my prediction I could be wrong, but this is indeed the plan I have and 80k is where I will start taking profits.

We can also predict the bitcoin price in 2024 because that is the halving time, and a bitcoin price increase is the expectation of all of us. I think we don't need to hear anyone's prediction because that's what almost everyone can see.

But I doubt his prediction on USD, I don't think something strong enough to pull USD down and cause US economy to crash in such a short time. I don't like the USD to rule the world for too long, but making unrealistic predictions is unacceptable.

It is very possible that the price is not too far from the previous ATH because of course there will be multiples if it peaks at the new ATH again, it is realistic indeed when someone says 100K - 150K are still very possible, I think it is necessary to be optimistic for the next ATH.

The dollar is too strong worldwide circulation is quite a lot, it is difficult to fully say the dollar will die when there is still a lot of world trade using the dollar, I know there are always those who fry the news about the dollar that will soon collapse because of the presence of BRICS, but for me it will not be too fast because the dollar will definitely be maintained.

Are we still safe when USD started to collapse? I mean will USA will easily allow this one?
There's no doubt about Bitcoin and I'm happy that I still have time to prepare for this, I'm just scared what will be the scenario if USD will totally be replaced by other currency. Let's be more optimistic and wish for a more peaceful pump, and hope that USD can recover as well. I'll bet on this one, Robert is very positive with BTC.

The prediction is actually laughable. I just finished reading the entire article, and the 17th of June has already passed, which is already bad news for the predictor. Maybe he was drunk when he made such a prediction. Because it will take more decay from now for Bitcoin to see close to that prediction unless the US dollar expires in a similar case like that of Venezuela,  which is never going to happen as the US government has ways of manipulating and keeping its currency a bit in control.

It is not a prediction but a bullshit because it was not based on anything. A prediction must be based on past cycles, multipliers in past bull runs and a kind of model with consideration that when price becomes higher, future bull runs will be smaller.

If Bitcoin exponentially rises to $1M within 3 months, what will be a cost for a cup of coffee? $1,000 for a cup of coffee because US. dollar at the time is almost zero value. Like what actually happened in Venezuela.

I respect Robert T Kiyosaki as an economist and as a writer of one of the best and most important books for anyone who wants to read about the economy, but his predictions for the price of bitcoin may not be accurate and should not be taken as investment advice or as a green signal for anyone who wants to buy bitcoin.

I can give you a sample of two tweets, one of which has acceptable accuracy, and the other is far from reality.


I also found this chart^[1], and I do not know if it is accurate, but the most important point is that his predictions are not as accurate as his skill in writing. With all respect to him.


[1] https://www.newsbtc.com/news/bitcoin/why-rich-dad-poor-dad-author-will-wait-for-bitcoin-to-drop-to-1100-before-buying-more/

Robert is a known bull to Bitcoin and that's why every prediction that he gives is going to be positive. Like I'm all in with that and halving is going to happen next year.

We even thought that $100k was about to happen on the last bull run but it fell shortly. We don't know how huge is going to be the next bull run after the halving so, it's only a difference of time when.

If you're going to check the price projection on every Bitcoin halving we could always expect the market price of Bitcoin to skyrocket, the price around 120k$ was pretty realistic honestly we could expect an even higher than that but its a giant leap and probably a giant bubble, 2024 probably going to start around the bear months we can expect the skyrocket of the market price 2024 bear months up to 2025 is going to be huge on Bitcoin since we're having a bitcoin halving event next year and the all-time high was just amount 70k$ it wasn't even x2.

I mean we see Bitcoin from 2$ to 1000$ which is a pretty giant leap so even a million dollars is possible at some point, the market is getting a lot of momentum at the moment it is available to stay around 30k$ for a long time it might drop a very low percentage in the coming weeks but to be honest I think any kind of good news or article of Bitcoin could already trigger the price to skyrocket up to 40k$ at any moment.

Right now market is very unpredictable. It’s rising suddenly and in the next week again crashing. We might see clear visuals at the end of September, as at that time of the year, market shows some stability. Moreover if you ask me regarding the prediction, then we all know that Bitcoins follow a 4 year cycle pattern to reach all time high price and next year is the 4th year. Bitcoins last ATH was around 69k usd, so yes there are high probability that we will see Bitcoins touching 100k usd. Let’s hope for the best.

I cannot underestimate the rate of how bitcoin can move and the speed it could take while moving at the pace of such momentum over next bullrun coming 2024 first half, the role of need has a significant impact together with the upcoming halving next year, there's this assurance in bitcoin that it will surely rise and get a new all time high even without the effect of the influence received from the news bitcoin will always mark a new high every four years, we can see it getting to $120,000 and beyond, we cannot concluded base on the present market trend, but history and value on bitcoin for it demands will always make it rise and needed always.

This guy has always had "Schrödinger" predictions bitcoin is right, bitcoin is wrong, I mean it's the kind of prediction that leaves us feeling like he just wants to be in the media eye.

Great writer, he has his bestsellers, but rich dad poor dad is an example of where he wants to be when it suits him.

From the title I thought that he had written the book rich dad poor dad Bitcoin version, that would be relevant news, well at least for me.

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Ah!, Yeah bitcon+100k , soon we will see this price!

It doesn't take a genius to make such predictions about bitcoin. The halving is approaching, which, traditionally, has a positive effect on the price increase. Also, a bullish trend is coming, which will probably begin at the end of 2024, as this man predicts (this event will happen not for the reason that he said so, but because it has always been so before). Why are you ready to squeal with joy and believe the forecasts of such personalities as Kiyosaki? Their forecasts are no different from the weather forecast: it may or may not be sunny tomorrow. The same goes for "the dollar will ruined." It may happen (for sure, not in the near future), or it may not happen. Such predictions should be treated with a great deal of skepticism, because these predictors know absolutely nothing about exactly how events will develop, especially in the financial sector (the dollar will collapse) and in the cryptocurrency market (about bitcoin).

The price of $100k-120k for bitcoin is quite real during the new bullrun (if there are no unforeseen circumstances in the global economy) that should occur. I assume that this mark will be reached with a probability of 90% (something like this).

According to what was announced, the BRICS plan to launch a new gold-backed currency (https://www.investing.com/analysis/brics-countries-planning-new-goldbacked-currency-200639843) by the end of the year.
If the plans really move forward, it will certainly have a great impact, as we will once again have a fiat based on gold.

What impact will this have on USD and EUR? It's still hard to predict, but like things with the economies of these currencies, it could have a negative impact.

Robert Kiyosaki is somebody that is very vas in economics and has written quite a good number of books but then also he is still a newbie in Bitcoin and Bitcoin speculations,  there is no gain saying that USD is losing its value due to inflation but we have to understand that USD will never die and would remain world exchange currency even though its value has been heavily affected by the raising inflation and money printing spread.

But will increase in its value regardless of what becomes of USD and Bitcoin doesn't have to kill any fiat currency to achieve its own growth.

I think the account of Robert Kiyosaki has been compromised or some dumb person is managing it who has copied the prediction of Standard Chartered and increased it $20k also. As copy pasting is ban. (Hehe). Well, i think this prediction is baseless as we all know the halving will start in april of 2024 and once the Halving started.

Btc will not start its trend to ATH quickly, as the bull run takes some time after the halving. Maybe it could take another half or full year. Which means the next ATH can bee around 2025 not 2024.

I might be wrong but these predictions are also not right. Well let's see what will happen and whose prediction is going to win. Most of the people also thought that BTC can not touch ATH even in the 2024. I read a topic while ago here on BTT which i unable to find now. It said, most of the institutional investors are not bullish for BTC even in the 2024.

This is not the first and last prediction on Bitcoin, there are lots of such predictions circulating around Bitcoin and USD. Bitcoin is neither created to destroy USD but it has its own use case. The world will continue to move on fiat since governments wont easily give up on fiat. We also need to be rationale while analysing Bitcoin and fiat. USD along with other fiats like EURO, Pound are not going to collapse that easily and there collapse will make economic recession from bad to worse.

Bitcoin will obviously get to 100k and also exceed. The last bull run nearly made it to 100k but failed. If the last bull run failed, it therefore means the next will not fail, this is because the bitcoin ATH is 69k, x2 of 69k is above 120k. It is purely a realistic prediction.

What I do not actually know is when this prediction will happen. Some people are predicting bull run before halving, some are predicting bull run during halving while others believe it will be after the halving. This means that bitcoin halving has a great role to play in taking btc price to 100k

Talking about fall of USD, gold and maybe stocks, I am not so confident of it but I surely know that the hype that will accompany this season's bull run will be high and the FOMO it will create will be disturbing. This is the right time to accumulate but many are skeptical.

Robert Kiyosaki is someone I value so much and most of his predictions about the economy used to come to pass, I could recall his prediction before the COVID-19 pandemic where he talked about the looming economy that everything was going to crash when the FED was calling inflation by continuously printing of money during and after the coronavirus pandemic which brought us to the present situation.

It is possible that Bitcoin can get to $120k per coin because the FED has no solution to the current economic problem, So the more people get to realize this, the more investors will seek safety in Bitcoin and Gold.

120k for each bitcoin on 2024 seems high, I could expect to see that price on 2025 but not on 2024, however the rest of the prediction is all over the place, while I believe the fiat system will at some point collapse, as it is impossible to keep it running forever, at the same time he is predicting the US dollar will die very shortly, and I do not see this as a regular fiat currency can indeed die very quickly, but when that currency is the reserve currency of the world then this is a process which is way slower.

He’s a great author of one of the first finance books I ever read and I respect him a great deal. He obviously knows a lot about economics and has a great story as well as an amazing ability to tell it. That being said, I’m not sure how great he is at predicting Bitcoin’s price or how involved he is in the market/community. Still, BTC is climbing back into the news.

This is a realistic approach comparing into those $500k - $1M price predictions that we do see around on which i wont really be that able to shock if ever the price would really be able to hit up that level.
Lots of economic problems and issues is really that tending to happen and if these things gots more worst then it wont really be that impossible that we would really be seeing these numbers on next year.
Although we are really that fast approaching on next halving then we might be able to see higher numbers when bull run kicks in. These institutional investors and figures are really that still speculators
because dont know on what this market would be bringing and on how it would really be able to behave.This is why it would really be that better if you would really just going with the flow
if you are really that an investor and would really be holding for long.

Honestly I think when he tweets something about Bitcoin, usually it’s a top signal. He has been a big bear for the us stock market and if you followed all his advice you would be broke. He is almost as bad as that Jim Cramer guy.

I like his book and all but when it comes to trading I just see all his tweets and comments as entertainment value only. He’s been saying US will be in a nasty recession for years now.

Yes, well, it's one of the many predictions we're going to see, and in this case it's somewhat conservative I would say. Passing $100K after halving is what we all expect, I would say. Failure to complete the beating of that goal in this cycle will be a disaster for return expectations and predictive models will have to be rethought. Although it could also be that the peak is reached in 2025, according to previous cycles. I find the $120K prediction for 2024 OK, but I would expect the price to go up some more, surely to $150, and who knows if even approaching $200K but probably by 2025.

He like us, does not have a crystal ball to predict the future, so there is no reason for us not to believe in ourselves but in his predictions. Yes, they are better and richer than us, but that doesn't mean they know everything about the market or everything they say is correct. I really don't care about any bitcoin expert's predictions. If they can know everything in advance, why don't they put all their wealth into bitcoin to get richer and richer? I don't think they were good enough to inform us about that.

I agree with both comments. I don't trust these people's predictions about the future. Just because a person is famous doesn't mean what they say will be true. We talk among our friends and make guesses. Since these people are famous, they write their predictions on social media. They get more attention than us, that's all. Nobody knows anything.

The only resource you value should be yourself.

The reputation of the finances and economics of Robert Kiyosaki makes us no longer hesitate that Bitcoin Next Year will reach $ 120k, and in my opinion without predictions Kiyosaki the price of Bitcoin will reach $ 120k Next Year so that we have to always be optimistic about the future of Bitcoin.

Yes, they always make predictions or statements that cause attention because they aim to find a way to attract the crowd. They have never been willing to help the community, what they want is to find a way to benefit themselves. I believe that as long as people don't stop following these celebrities, there will be a lot of losers in the market.

Even though they are billionaires, let's see if they bring us any benefits or just make a profit for themselves. It's best to stop listening to what they have to say and come up with your own analysis and judgment.

We know that Robert Kiyosaki is just one of the tycoon businessmen known all over the world, which means that he has big holdings of Bitcoin for sure because he posted something like that about Bitcoin. And what does he mean that US$ will die next year? what could be the reason? Is the U.S. going to remove it and replace it with Bitcoin?

It seems like I just read an article the other day that someone also predicted that by the end of 2024, the Bitcoin price value will be 120k$, that's not accurate, is it? because that is still a prediction, but there is a high chance that it will be 100k$.

I think everyone here knows what the real deal is, we have the halving next year and if we are going to based on the past, it's possible that $120k can be achieved. It's just a rough estimate though, so it could grow even more.

The good thing is that this words come from a well known and I would say respectable investor, he had written book about it and even appear to the media and continue to preach it. So either we believed in him or not, it's up to us.

The news is very exciting for Bitcoin investors and trader. However, as we all know that, it is  difficult to predict the future price of Bitcoin, and we have seen many predictions of Bitcoin reaching $100,000 in 2021, that  didn't materialize. However, this particular prediction is based on hypothesis of weakening US dollar which is supported by global events such as emergence of BRICKS organization. The member countries of this organization are struggling to find out an alternative US dollar as International currency for global trade. These development can potentially have a negative impact on US dollar and making Bitcoin an attractive alternative.

In summary, we can not dismiss the possibility of Bitcoin reaching $120,000 in 2024, however future developments in financial markets will determine, how Bitcoin plays out in coming months and years.

This often happens because these people have become famous for having made a guess in the past that was correct. Especially if that hunch was completely contrary to what most experts were saying.

Logically, all those who like to analyze the market and make their calculations like to give their predictions. But, that doesn't follow that they are going to be correct. If I say, on every day, that tomorrow it's going to rain, I'll get it right someday.  ::)

Therefore, each one must always analyze, study, do their math and draw their conclusions before making investments. These people's guesses can only be of help to add criteria to our analysis, to draw our own conclusions.

There is a lot of speculation from the world's top influencers who predict the price of bitcoin will skyrocket, in my opinion this is natural because bitcoin is increasingly popular and cannot be stopped, when there is a country that strictly prohibits bitcoin then it becomes free advertising for anyone so they are curious and finally invest in bitcoin.

It's up to who to make the predictions, but when we look back and realize what bitcoin will achieve after the halving then of course there is good optimism about a higher price. I can expect a new ATH after the 2024 halving and I think bitcoin price could be 3 to 4 times the previous ATH. Of course I can't say what the highest price bitcoin could reach after the halving, but it seems $120k - $200k is a realistic value to hope for if the same pattern does repeat itself.

So far, I haven't really thought about how high the price will be and when the new ATH will be reached, but as long as my target is met, I will take advantage of my investment.

Kiyosaki is not really as smart as people give him credit for, what he has "figured out" to be rich is not really something he figured out, he just wrote the best book about it, but it was a known old story and not really something new at all. I hope that it gets to a point where people realize that what he says doesn't matter.

And no, BRICS did not produced a gold backed crypto, there is a CBDC but that's a totally different situation and we do not have trillions running away because of it, nor it is used all that much, it's used very little to matter macro economy. In the end inflation is through the roof is the only thing he is right about, so dollar is terrible and you should buy bitcoin, but not because he said it, only because it's what you should do.

Without Robert Kiyosaki's prediction, I personally also believe that bitcoin will have a price higher than $100k after the 2024 halving. We are waiting for that moment and there is definitely hope of getting ATH over $120k, but of course we have to be patient with time and volatility .

An increase in price towards $120k won't be as smooth as a toll road, that it's too smooth for a volatile asset like bitcoin. In fact we can expect some correction to test the new support, while resistance will be tested with increasing demand. I would expect $120k to be reached in less than a year after the halving, but the market needs a lot of money to get there.

I agree with your perspective that Bitcoin can potentially surpass even $120,000, especially considering the important halving event of 2024. The CPI report of June-23 announced yesterday, showing downwards trend in consumer price index. This is another positive development for both stocks and Bitcoin markets. Currently,  Bitcoin is trading above $31,000 which is very encouraging. In the context of current positive developments about ETFs, downwards trends in inflation, there is strong possibility that Bitcoin can surpass $45,000 before the end of 2023. Looking ahead in 2024 with halving event, there is likelihood that Bitcoin can break previous all time high of $69,000 and could reach new  highs.

Yeah, he didn't invent everything I admit to that, but the way he told his story, he is a great story teller and that's why many investors follow him and getting him credits for what he has done and why he is a millionaire today.

But for us who have been following bitcoin for years, we know we're are getting in the next bull run. And it just coincides with with others are predicting as well, whether it was Robert, a hedge fund investors, a institution, banks, and even the majority of us. It's as conservative estimates, to be honest, as we are expecting even higher returns in the next bull run.

If this is coming from Robert Kiyosaki I won't be surprised because has a soft support for bitcoin unlike Warren buffet who saw bitcoin to be a bubble that will soon burst to tin air. Robert after writing his book rich dad poor dad has grown in he preaches for wealth creation. Predicting $120k for bitcoin in 1- 2years time is very reasonable if we look at the last ATH @64k, so it is very likely to happen with the rate of value it holds with institutions and whales that are accumulating while some are waiting for a drop before the real bull next year.

There's no reason to believe these celebs' predictions, but it occurred to me that the market with their participation isn't that bad sometimes because they have a large fan base. If they join and believe in bitcoin, then I think they will also contribute to the bull market as their followers will also invest in bitcoin. But in the end, everyone is for personal gain, so find out everything by yourself and don't trust anyone. The market is the battlefield.

Yes, that's right, without predictions from anyone, the price of bitcoin will soon reach $ 120k, for those who are smart, of course, they don't hesitate to invest in bitcoin, it's proven that today it can rise again by more than 4% so that it makes hope that the price of $ 120k will be reached when approaching the halving day year 2024.

bitcoin will be able to do as much as you would expect [$120K], but I doubt that will be done this year. but I can't avoid that after the era of the halving period it will be able to be done, and maybe that price is the latest ATH from bitcoin, or it can be even higher if you look at past experiences that have been carried out. buy and hold so you don't get left behind and get to enjoy those upgrades later.

Don't think he ever claimed to be smart, nor do people really think he is. They do feel like he knows what he's talking about when it comes to money sense.

Never read his book but hear enough about it to say he probably has valid points but skips all the essential stuff that helped him get where he was. Few rich people will ever admit they had more access and help than regular people ever will.

Self made and "came with the shirt on my back" is the common, but glossed ove, trope.

Economists are legitimate to say anything, for example, like Kiyosaki on his Twitter, but you see, the responses are certainly varied. I myself give a rating let the market move as it is because it's not just that one factor that makes the market price go up and down. I personally am simple in responding to this because, what affects the price is only the demand and supply itself. If a massive sell-off will have the potential for BTC to fall again.

It seems that the prediction makes sense for next year but unfortunately, he also does not provide a prediction in what month Bitcoin can reach that price. But no one really knows when the price of Bitcoin can reach $120k in the next year or even 2 years from now.

Meanwhile, the Bitcoin price is still around $31k and has slightly increased from the previous few days. Maybe this month, there will be more bulls for Bitcoin, so there is a positive sentiment in the market and more support will come for Bitcoin. While the market is indeed moving in that direction, we do not know when a long rally for Bitcoin will occur and can only wait.

And before that long rally comes, we must prepare by buying more Bitcoin at this price because this might be our last moment to accumulate more. Once we have a lot of Bitcoin, we must wait for that long rally.

Dont forget that Robert Kiyosaki is a businessman and influencer on first place, and was never a market analyst. He has been predicting Bitcoin to cost $500k by the end of 2025 and $1.2 million by the end of 2026. He has been making predictions every quarter. His real goal is to stay visible on the media and to sell his books. Dont forget about that every single time you see him making a prediction. In fact, check out his biography on wikipedia (https://en.wikipedia.org/wiki/Robert_Kiyosaki#Business_career). If he is good at making predictions, then why all of his businesses went bankrupt?

I don’t think 120k is too unrealistic by the end of 2024. It’s definitely possible if we get a long awaited spot ETF approval. If we don’t go that high in 2024 then we’ll do it in the peak of the run up in 2025 any way. Mainstream adoption is coming whether the FED, SEC or whoever likes it or not. It’s going to be fun, strap in.

I can say that based on his possible analysis and result that was archived, he has put up that speculation. There's every tendency that his assumption will never happen the way he's sited it, because sometimes things don't just happen the way we assume them to. I know that the way the economy is going, it's a reason to think that what he said could be possible, but perhaps things could still take a turn. Although I believe that Bitcoin can reach $100k next year, it's just a matter of probability. We can never tell everything about what is likely to happen in the future.

Bitcoin will be $120k next year I think that prediction is too easy to say considering bitcoin fundamentals will actually have a positive impact on its price. We have a halving next year, obviously that will push the price even higher. In fact I'm confident enough to say bitcoin will be $150k in the next 2 years, that's also because of its strong fundamentals.

Sometimes what influencers say doesn't convince me, but if they make a halving benchmark in their analysis then I can trust them. Even if $120k is not reached within 5 - 10 months after the halving, then I believe bitcoin price will hit a new ATH in 2024 or 2025.

This is what they do for a bitcoin price prediction or speculations, if they have invested and wanted to give them selves hope (Optimistic) they will come to air that bitcoin would get to some certain price whereby we know and believe that it must get to such price. Let say, the previous ATH was around $69k and they knew every year we alway witnessed another height which is very possible to achieve and with this prediction attracting more investor to buy and hold. I believe some of these tweets always have positive action acting towards the bitcoin especially a post from a famous investor a media influential such as Elon or CZ of Binance. Saying Bitcoin $120k is like being underrating the exponentials of the bull run as way back common to attain within this limited time frame.

By the way, I am of the opinion that while BTC does not reach $100k, I think it is an exaggeration to say that the value will be 20k, 30k or 50k above the 100k.

I believe that bitcoin is capable of rising in the next 2 years, to very interesting values and even breaking its record. But I think it will be around $80k.
Of course, this market is quite unpredictable, and nobody can say with certainty what will happen, but we have our guesses. And it's a bit on that basis, that we look at bitcoin and the market, based on the analyzes we do and what we think will happen.

He is a big basher of the banks. He is for me, the biggest anti-dollar, and in his videos, he always says that the dollar already lost it's value in 1971 when Nixon ended the conversion between Gold and USD.

Nevertheless, $120,000 is a very realistic prediction knowing that the halving will happen at the same year, and during the last 4-year cycles, the price of Bitcoin always goes up significantly a few months after the halving. Seeing Bitcoin to 6-digits is the one that we didn't see yet, and many predicted that it might happen last 2021, but obviously it didn't happen. Anyway, I think that I'll just say that Bitcoin will reach 6-digits next year though I would be happy to see it reaching the price of $120,000.

Kiyosaki's prediction does have little to no effect towards the price of Bitcoin unlike Elon a few years ago, but seeing a big investor like him supporting or at least tackling Bitcoin is already a good thing. Blackrock's spot ETF will be the catalyst towards the bull run that we're waiting for.

I don't know how you arrived at your price of $80k but what I do know is that the next ATH of Bitcoin will be more than that. In fact, I'm of the same opinion with user skarais on that. What informed my prediction is that every Bitcoin new ATH has always done more than double the previous ATH. I'm drawing experience from the ones of 2017 (when I joined this industry) and 2021. In 2017, Bitcoin ATH was slightly less than $19k. In 2021, it got close to $69k. Your projection of $80k is just slightly $11k up of the last bull run result. It's not even anywhere close to 1½ of it let alone double. Double of $69k should give us $138k. To be on the safe side, we should be expecting something between $120k – $150k at least.

True, the market is unpredictable but estimations and speculations can still be made.

I agree, he always keep on saying hate words against the US dollars. But you know what? He's still using them and even leveraging it to expand his assets.

He's into gold, silver, real estate and even Bitcoin. For someone like him, it wouldn't be a surprising thing to be said that we'll hear a high price prediction in the future for Bitcoin.

There are still people that doesn't like him because with how he's good in selling his book and himself. But I randomly likes to listen some of his stories being brought into his videos.

I think the price potential will soon reach $ 120k or even more in the next year due to many factors, of course the most influential main factor is the halving day which will make bitcoin easily go up 200% in a short time, if at the end of this year it can close at least $ 60k then I'm sure and optimistic that $120k will occur before the 2024 halving day.

Such positive thinking will drive Bitcoin higher in the years to come, and one day Bitcoin will achieve this target. In the area where Bitcoin is currently trading, this price was once a big deal to many Bitcoin investors. But we achieved a bigger target in the last bull market. So it is easily conceivable that after the next halving we could see another huge bull market and achieve the $120k target.

But the market will not go to that target overnight. Before this, the market will correct again to drive weak, impatient investors out of the market. So optimistic investors must know how positive the Bitcoin market trend can be in the coming years, and how to prepare for the next bull market.

Anyone is entitled to making his or her own opinions but from all we know the US dollar is one of the world highest currency reserves for many countries and losing its value in the way he had explained is something I doubt. There has been may speculations about the future of bitcoin price by 2024 and this has raised much hopes in the minds of bitcoin enthusiasts to what 2024 could bring in for us. 120k price for Bitcoin is possible checking the last bitcoin ATH and 120k is just a double of the ATH nevertheless am speculating a closer price to 120k by the end of 2024.

I don't find that reasonable at all, the price will need to go up 4x from the point where it is right now to reach that mark and that is not something very easy to achieve even though I know that Bitcoin has got the potential as we've seen it going up significantly high in very short periods of time, I believe the target is absurdly high for this timeframe because the targets it achieved in the past were not that high but this one seems too high for me.

Besides, for that to happen, Bitcoin will first need to recover to its previous all-time high which in itself is a pretty high target considering what the price is right now, we are around $32k at the moment and it will need to go up $37k more to reach the previous all-time high.

His other business went bankrupt and maybe he is now trying his luck on selling books but it seems the faith of it will end up the same as the others because of how bad he is on predicting stuffs. Even the newbies will find it funny. Like what @DeathAngel said, maybe $120k was still possible by next year but there is no way it will jump to $500k only by just 1 year and then $1.2M after it.

We aren't even sure if $500k is possible but if ever it is then maybe it will happen in the next 5 or more years after 2024. Even without those high values, it will still be possible for us to earn through fluctuations. We will only buy low and wait for the recovery to sell high.

I do not trust such predictions as they are made without a deep analysis of the situation. Often public figures like to make loud statements in order to draw more attention to their person. Such phenomena have been happening for many years and in my memory this is not the first time. Often the majority talks only about growth and a high price, but at the same time, no one is in a hurry to predict a market crash or a deep price drop.

This isn't an honest message!
What I don't get about this twit is the correlation of the precious metals silver and gold to Bitcoin??

If you actually analyze this message, it's just telling people that Bitcoin is as good as the metals and its okay to try out a new asset on the block!

If am wrong, why would someone say new money is coming in and it's going to be going towards gold...and Bitcoin will benefit.. This is a salesman selling a story with misdirection!

Btw every knows the BRICS  fight is with the dollar 💵,  how does Bitcoin find itself in this war of fiat?

everyone can make a speculation on this market. so don't take such predictions seriously. some of them are just using their social status to gain followers. for sure, they just state some random statements and not back by any technical analysis on this market.
people should be vigilant about such predictions because if they will spend some of their savings, they should do their own analysis and follow their instincts. most of these so-called experts actually don't know what they are saying.

It's not believable that Bitcoin will rise to such amount, because I know quite well that this is a speculation, for the history of bitcoins, bitcoin it never hit one hundred and twenty thousand before and it can't not start on 2024 and land on one hundred and twenty thousand (120k) I think it's impossible, when Bitcoin rise to a certain point it trace to make the value to be strong, i think it's very acknowledge to assume that Bitcoin price will reach sixty thousand (60k)

USD will crash soon? I think this strongest currency will not be easily destroyed by anyone.
2024 bitcoin will reach $120k ? This makes more sense because many are predicting that 2024 will be a bullish year.
i also believe in 2024 bullish will come and lowest price of bitcoin will be at least $150k.

Even if he provides more data and his analysis, it is just a prediction, and there is no guarantee it will happen as he said. If he could predict the future, he should have bought bitcoin when it was $15k last year, but I'm pretty sure he wouldn't have bought bitcoin for $15k either. Like you, I have never believed in the bullshit predictions of famous people. And you are right, he is just making random predictions, and the main purpose is to get other people's attention rather than making real predictions about bitcoin.

Does Robert Kiyosaki have a crystal ball, so he could predict what the BRICS countries will decide in August 2023?
Or maybe he has some insider information nobody knows about.
I have never heard anything about the BRICS countries planning to release a gold backed cryptocurrency. What I heard is the BRCIS countries wanting to create a payment system(or settlement system) for their national currencies. Maybe Kiyosaki knows something we don't know. ;D


Bitcoin won't reach 120K in 2024. It will be more like 70K-90K USD and the price peak will be in early 2025, not in 2024. It usually takes several months after a BTC halving for the Bitcoin price to hit another ATH. I don't believe that a new ATH will be reached by the end of 2024.
That's my prediction. I don't guarantee 100% accuracy. ;D

Until 2021 Bitcoin had never reached $60k, that did not mean that it was impossible to reach that level.
It is true that BTC never reached $100k, but that does not mean that it is not capable of reaching there.

Now whether it will reach that figure in 2024 is another question. Personally, I don't think so yet.
But the financial market worldwide is totally unpredictable, so a lot can happen and surprise everyone.

Bitcoin will be trading at $120,000 very soon but it won't be next year, I just don't see it happening and that's because Bitcoin hasn't passed its previous all time high to my best of knowledge doing the year of halving. Next year will be very positive to the market but not $120,000.

Robert kiyosaki has been very optimistic about bitcoin for a very long time therefore his price prediction will always be bullish. He hate all centralized backed fiat and the US dollars is one of the fiats he hate the most so I understand why he's this bullish on Bitcoin.

$120,000 can be achieved in 2025 and that's my prediction not in 2024, the price of Bitcoin might trade more than $120,000 in 2025 because the market will be filled of institution investors and they always invest big which Bitcoin and possibility of other coins benefiting.

Usually a bull market comes some time after the halving. So if it happens next year, it's unlikely 140k will be fast. Moreover, no one knows from what marks the growth will come. I guess all these predictions are just guessing on a crystal ball. Any of us can name any number we like and it can be considered a prediction.

Kiyosaki is an extremely successful investor across various asset fields so when he talks it’s usually a good idea to listen. He’s been a long time advocate for bitcoin, I think he knows what he’s talking about. $120,000 isn’t too far fetched, it’s a real possibility if things play out as they have in the past, market cycle timeframes etc. history doesn’t repeat itself but it often rhymes so let’s hope that’s the case here & we are celebrating a $120,000 price next year.

Some of them are just guessing without analyzing, but some of us do it supported by analysis. Of course both are just a possibility, but you can have more faith in the second prediction where they do the analysis before predicting the value. When someone only guesses numbers when predicting, it's just something that can't be justified analytically so it's good to say it's nonsense.

However, none of these predictions should be taken as financial advice, so be careful and always consider it at your own risk.

in my opinion Robert Kiyosaki's comment seemed like a comment coming from someone who hates the dollar and that because of that he is encouraging people to buy gold and silver, but see that he did not encourage people to buy bitcoin, he just spoke that bitcoin price will be 120000$ next year. when he talks about next year then we will have to wait until the end of next year to see that happen, the problem in his prediction was to associate brics decisions to the price of bitcoin, honestly the brics is made up of 2 very democratic countries and 2 countries of dictatorship regime who do not like bitcoin

Could it be that he forgot that Russia and China are dictatorship regimes that don't like cryptocurrencies because they are things they can't control? let's face it, does anyone here in this thread really believe that china and russia would ever create a crypto-backed currency? or that china and russia would allow and legalize cryptocurrencies in their countries in a way that they would allow their citizens to use it as a payment method? I see that his hatred for the dollar is blinding him a lot, the brics will have zero impact on cryptocurrencies in the long run for a positive view, what he talks about is that the US dollar will die, it is absurd that I will not even comment

I understand.
Probably used the term "bitcoin" to get more attention.

It seems like those news, which are talking about some cryptocurrency - which only serves to deceive people, and the last paragraph is always talking about Bitcoin. Clearly it's to attract clicks.

I’ll admit when I saw Robert Kiyosaki in the news making crazy comments about the dollar and wild predictions about Bitcoin, my first thought was that he must be ready to release a new book. He’s sort of like Jim Cramer in that he’s an entertainer first and an economist second. Sadly, as a finance author being a character is the best way to sell books.

We have two kinds of actors categories here, some will motivate others to invest in bitcoin for any reason because they are bitcoin investors and love to see others have the same kind of experience they get from the opportunity in bitcoin investment, some other people will only throw out their own perspective to the public on how they feel about bitcoin and make the advantage in going public be their focus point of target for their own recognition regardless of how true is what they are saying or not, they just want to be noticed, but at this stage, we don't need people to tell us what to do or where to invest anymore, we already know where bitcoin is going without anyone saying it public, that's why everyone is so particularly interested in bitcoin because there's future in it, bitcoin can get to $150k or more by next year.

And if we are honest about this we will find out the majority of the predictions out there have no basis whatsoever except the experience of the person making the prediction and nothing else, so just because this is a famous person when it comes to the financial books he publishes  for the average person this does not make him an authority when it comes to predicting the price of bitcoin, the demise of fiat currencies or anything in particular, also it is not as if this person losses anything if he is wrong so he can say whatever he wants.

Its not a new prediction and I dont believe it can be that simple, if only it were possibly that easy to transform all the things relative in an economy like trade balance and it would work out perfectly.   We can say if it were this easy it would have occurred already.   Remember going back to the WW2 General who led France after the war, people have been warning in the harshest words of the collapse of the dollar and its unsustainable debt or spending done.    
  I dont disagree with the concept but there is a strong momentum to just continue onwards even in a decline of sorts but to simply declare this idea now will transform the world, its not that likely in a moment.  Lots of countries have gold but not all are sustainable long term in the regime and guarantee of supply of that gold.   Even gold backed is only as good as the word that certifies it will be exchangeable on demand, there is still that question of credit assurance I think.  I say that as someone whose held funds in developing country bonds for a while, its a difficult challenging market.

Everyone can be given free space to have an opinion as long as his opinion is still rational and can be considered, I don't care if he has analytical experience or not but the statement that the bitcoin price will reach $ 120k includes realistic predictions based on pricing from 2x the previous ATH price, even though no one says the bitcoin price will break $ 120k but I still believe that reaching this price is not impossible, everything takes a long time but we believe that after the halving there is great potential to reach the highest price that has never been achieved before.

But whether you are a fan or not, $120k seems to be on target for our next bitcoin all time high isn't it? And with that, it put more credibility for Robert if the price is going to hit around that window and many thinks that he has knowledge about the crypto market, (but we admit that he might be a good financial adviser, economist, but perhaps crypto could be new to him).

So it's a win win for him, to attract new generations for his book and maybe in the next books that he is going to released. And then if the price hits then maybe others says that Robert has foresight and everything he advises is 100% pure profit.

The financial market already prove some of the predictions of Robert before and with this one, I'm confident that we are indeed heading to that price level.
We know Robert about his stand with crypto and the fiat currency, Bitcoin is moving to that way too so there's a big chance for this to happen by next year.
This could be a great plus for Robert and we can benefit from this as well, buy holding more good coins and preparing for the next bull market.

Robert Kiyosaki is good in investment and financial but his prediction about Bitcoin reaching $120K next year is something I don't agree with. Don't get me wrong Bitcoin will reach a new ATH price next year but it reaching the $120K price is not certain because a lot of big players are now into Bitcoin and they will want to manipulate the market for their own selfish gain.

Nothing is certain when we talk about the future, but what is more funny is that he is making predictions that anyone knows. I mean, if anyone was a bitcoin investor they would make the same predictions and it's not that hard. What he is doing is for personal gain, and I agree with many of the comments here that his goal is to sell new books.

But I believe bitcoin will reach $120k or even higher even though many big players are entering and manipulating the market. There is no denying that the market is being manipulated, but it also depends on supply and demand. But when bitcoin hits ATH, no one will know.

True, I myself consider it only positive. Let them continue to predict it as an additional reference for us.  they have their own TA in seeing this. But. I myself am optimistic that BTC will rise to $ 120k next year like Robert Kiyosaki says, but, slowly but surely.

Regarding him himself, if someone really thinks this way (the book business) is reasonable and normal. The name is also freedom of speech. So, I think. it comes back to each of us in seeing from which point of view. What is clear, he is still highly respected for both his ideas and opinions.

I think it's not so much a question of whether or not a price goes to $120K in the market, but rather how long we have to wait to see a price that big from now on in Bitcoin. Because I don't think that a price of that size can happen immediately or in a short time on Bitcoin even though the crypto market conditions themselves can continue to improve with more rich people coming into the market.

Actually, everyone can express their opinion regarding Bitcoin price predictions, because everyone also has a different analysis of price matters. Only the opinion of smart and rich and experienced people will obviously be more respected because maybe what he said could be close to being true in the future even though it could also miss what he said today in the future.

@fuguebtc  You have a point about Kiyosaki, he may be trying to sell his books but he already has a good reputation in that area and my belief is that he's trying to be relevant in the crypto market and also doing the work of crypto evangelism.
Yes, Bitcoin will reach the $120K price but I talking about the possibility of it not happening next year and the role of the big player that joins late which will want to manipulate the market in order to get some cake through the halving market.

@YUriy1991 It is good we're seeing influencer people publicly making predictions about Bitcoin. I could remember years ago we don't see them doing this but they don't always use TA with their predictions and for the record they only make predictions based on the market's possible trend.

I agree, I believe bitcoin will hit $120k but not next year, it's very unlikely even though it's unpredictable future. Based on history, the 4-year cycle will not end in 2024 and the bull season will only come 1 year after the halving. That means if history repeats itself, we will have a new bull cycle and bitcoin's new ATH will be in 2025. But no one will know what the new ATH will be, maybe 100k $ or 120k $ or lower, no one knows.

Another thing to note is we still depend on the world economic situation, so it is difficult to confirm when the real bull season will come.

You're correct that the ATH price may not happen next year which is also the halving market year but you missing some point about the whole movement of the market because the bullish market can happen anything from now and it always occurs when people anticipated the halving effect.
I expect history to repeat itself but ever since some giant companies have an interest in Bitcoin my beliefs have change.

I can post another mainstream video for BTC high prediction.  I will just get the link, its towards the end of the clip but relevant for general market view.  The really high prices do require an entire market view imo and the hedge fund dude mentions that in relevance to ETF being passed etc.


200k within 5 years (https://youtu.be/b-Ymkm4vWec?t=291)
'BTC is very useful throughout an economy where conventional capital has a bias to the richest' is his brief take I think

This has been the dilemma that famous people and personalities give insane Bitcoin price predictions which usually do not come true but they may create a lot of hype and the person who gives such prediction gets a lot of praise from the Bitcoin community. People want the bitcoin price to reach new highs and such predictions are being liked by the people who are holding and accumulating bitcoin.

However, we often see that these predictions may not come true in the time frame stated by Robert Kiyosaki or anyone else but no doubt one day bitcoin will reach $120K and beyond.

First of all this is just a mare prediction and I know the expectations are really high from all they said that this year Bitcoin would skyrocket but as it is we're still hoping and waiting for it to be at a higher price instead of going up is going down, now $29k at the moment. I'm not believing any predictions until it is visible to me, as for now is just words, but I wish the price goes up without rapidly coming down anytime soon.

Exactly - it's only a prediction, you don't need to believe it 100%. After all, you still have to do research and analysis for whatever coin you choose as your investment asset in the long term - including bitcoin. One can predict regardless of how accurate one's predictions are - but they are not fundamentally financial advice.

I can expect the price to go in that direction - but gradually, so price volatility will still occur. But you should also know that the price of bitcoin will not always go up without a downturn - even if you are in a bull market.

But indeed, everyone will make predictions, even though the predictions may not always be correct, and if you look at past experiences that have been made, at least there will be similarities.
The price has indeed increased quite a bit from the start, but right now the price doesn't seem to be moving to increase and is just stagnant.
I appreciate what you said—that you will believe if you see it for yourself and not just by prediction.
But I actually have a prediction that the price will be corrected because the economic situation has not yet recovered, and also preparing for the end of the year when the halving period will enter.

I agree that economy is not recovered yet, which means that we are going to end up with seeing something much worse if the economy goes even worse. However, I also believe that economy is "getting better", I mean it is not recovering yet, but it is not going worse and that means something.

I believe that we should be able to say that it is going to matter in the end and we are going to end up with a situation that will improve it a lot. I know that it is going to be mattering a lot when the price goes up for bitcoin, so I think the only way for that to happen would be waiting for regular prices to change as well, it is going to end up being something that will be great in the end. That's how I imagine it would be and that should not be an issue.

Even if we do see some recovery with those numbers but doesnt mean that it would really be that happening because things could really changed up drastically or onpoint without even realizing that it was possible.

This is why its not always that be suggested on having that kind of feeling on being that a guaranteed kind of assumption towards things specially on market conditions and economical situation on which its never
been that known if those numbers would changed up on point or not. Among all the predictions that made out by these traditional investors or billionaires then the one that had been said by Kiyosaki is what i do really take for it to be realistic compared to those who had been saying about $1M per coin which we know that it is really that impossible or not really that achievable in short time specially
that recognition and adoption isnt really that still high.

Now when it comes on believing with those price calls and predictions then it would really be varying on a certain individual and as long you would really be sticking on something that realistic
then it would really be your choice on what you would really be following basing up with your own experience and analysis towards the market.

He didnt actually add anything to the conversation, could it happen sure but I didnt need to be told that.    Give me some detail or understanding why and you might increase my confidence in this event and/or timing which would be a big deal, so mostly hot air is my take mostly.

I think the hope to be able to reach $ 120k in Next Year, of course, depends on the market situation this year, as we know that this year the market looks difficult to be able to pass $ 30k and if until the end of the year the price is still in the range of $ 30k in my opinion it is difficult to reach $ 120 k.

I also want Bitcoin price will go $120k. But i think it is not possible right now. I think within one year bitcoin price will never hit $120k. But cryptocurrency market is always unpredictable. If any big news will come there has a chance for vig pump. Many people telling first of 2024 bull session will start. When bull session will come bitcoin price will increase there has no doubt. And when bitcoin mining will end then bitcoin price will go moon and where will go it’s price we couldn’t image. I think not only $120k it possible to go $1m within short time.

First, I think people are exaggerating the fall of the US dollar. This is not the first time that the dollar will be in a tight situation, but it's still the top currency out there.
Even if the dollar will truly die, it will not happen overnight. It won't even happen in one year. With how bad the dollar is doing right now, it's still better to hold the dollar than a lot of other currencies.

Bitcoin at 120k next year is kind of unreasonable, but it's ain't the most unreasonable.
I said so because I don't think it's impossible for Bitcoin to get to 120k next year, I said so because I don't think it will happen. First Bitcoin needs to beat its previous ATH before we talk about Bitcoin at 100k.

I think the same way, most of the people its talking about USD dollar falling like a currency of a third world country, and that its not gonna happen, well not right now or in the upcoming years.

---

About Kiyosaki, he is a smart person and also a businesman, so he know the next and actual generations of youngs are full on crypto, so he needs to catch that train and going up with that one, so he can still selling whatever he wants to sell.

And he made a positive but cautelouse prediction about BTC.

If you are new then you would be saying that its impossible but if you've been here on the past halving season and bullrun cycles then you would definitely be able to say that it could reach out that level or price point.

The possibilities is there specially when the bull run cycle would kick in.There's no way that we could be able to point out on where it would be stopping and talking about $120k then it isnt something a price that would be too far off. Lets make some check on its recent ATH which is on 69k and if we do speak about reaching out those numbers then it would really be just x2 of its price on which we can say that it isnt really that just too far
off i would say on doubling it price on upcoming cycle.Even those people who are that optimistic is expecting something more but of course we should really be sticking on something that would be in realistic numbers.

It is really just that there are people who are really that too non patient when it comes to price points on which on the time that they would be saying up those words then they would really be liking for it
to happen actually.

We're on a bitcoin forum, so you shouldn't be surprised to see people talking bad about assets like fiat, gold, and real estate and they'll flatter bitcoin. It is not wrong to say that the currency is depreciating day by day, but you are also right, it will not depreciate as quickly as people say.

Bitcoin's price increase is known to everyone and is no longer a secret, anyone can predict it. The increase in the price of Bitcoin is no longer a secret and anyone can predict it because it is inevitable and inevitable. But every time it is predicted by celebrities, people talk about it. I don't really see anything special in Kiyosaki's prediction, so there's nothing to worry about.

now the price of btc is still in the range of $29k and I see that lately it's rather difficult for btc to break to $32k so according to my predictions that for 2024 the price of btc to reach $120k I think it's very difficult, but as a btc investor I'm still optimistic if in the future btc price will be higher. I don't think anyone will know about the btc price in 2024 but I hope that the btc price in 2024 will be over $120k and hopefully in 2025
btc price is very high

As investors, of course we must always be optimistic but we also have to be realistic, life is sometimes unique, what we plan is sometimes often different from reality, and as investors who already know Bitcoin for at least 2 years, of course not too much problem whether next year the price can reach $ 120k Or not, as long as we are still patient hold, $ 120k will occur.

120k on 2024 is definitely a difficult mark to achieve, as that is the year of the halving and even if the bull market begins to take shape at the time, it is not not going to be easy to reach such a high price so soon, if we did then the final price of bitcoin on this bull run should be above 200k or even 300k, and that seems like a very high price to me and very specific circumstances will need to happen in the case bitcoin were to achieve such a huge growth during such a short period of time.

yes, that's how it is, friends, when we invest in btc, of course, it is always full of trials and drama, but it is true that if we are strong and patient, of course we will reap the fruits of our patience. and indeed many people are speculating about the price of btc in the future and indeed many have come true like the ancients who invested in btc like in 2014 many are speculating btc in the future will be expensive and true in 2021 btc price is up in the $60k range range and hopefully in 2024 or 2025 BTC price is up.

It's just his prediction, although if you look at it, it has some weight based on previous historical logs of bitcoin. Last all time high is $69k, and so it's about 2x or higher in his prediction and this is only what the majority is seeing.

And as someone has said, he didn't add anything to the narrative, because we all know that this is what the price is pointing in the future. Would be surprised though if it hits $150k or more, but that's just me.

Well, obviously it's going to do that but halving is nigh and we already know what happens after halving, the events leading to this hasn't been disproven yet so I don't think that we have to worry about anything regarding the price not going up because it's too dependent on the market situation. You're right that it won't be able to reach 120k though because it will surpass that and 180k would be it's peak, triple that of the previous peak which is pattern when it comes to halving peaks through the years.

There's no doubt, Bitcoin will go above and beyond $120k in the future, but in next year? I doubt it! Even if the price of Bitcoin starts going up from this point, it will still be difficult for it to reach that price next year because it won't enter the bull run before the halving, and halving is approximately in April next year, and generally, the bull run occurs after some time of the halving event, at least that is how it has been in the past, we can't be sure though.

Anyway, considering that, once the halving event occurs in April next year, we might see the price reaching a new all-time high at the end of next year or maybe in 2025. But still, it's all speculations and predictions that we create ourselves based on what has happened in the past and what's happening right now, we can never be sure of the future, of course.

I'm also bullish on bitcoin hitting $120k or more, and if we rely on what history shows, ATH won't happen in 2024 but maybe 2025 or 2026. If I remember correctly, the previous bull seasons will actually take place 1 year after the halving and if things continue to repeat themselves, the ATH will be set in 2025.
From the chart below, we can easily see the bull season and bitcoin hit ATH in 2013, 2017 and 2021 respectively, and if history repeats, we will have a new ATH in 2025.
https://imgtr.ee/images/2023/08/07/5b51e948aa3fcc19cc9a69d87e026f1e.png

Many people buy or sell because they follow the advice of people they consider experts, of course as an expert they have good predictions, but in my opinion without predictions from Robert Kiyosaki next year's price could reach $ 120k due to many factors, especially there will be a halving day at the beginning of the year .

I wouldn't trust this guy much in terms of bitcoin price prediction. Sure he has experience in the markets, but as far as I remember he hasn't had much success in trading, but he has had success in writing. 120k next year looks very optimistic to me. I guess it could happen if the economies around the world are booming again and there is investment in all markets again, but so far I don't see that happening. Maybe after the US elections something will change, but not quickly.

The chart is clear with what we've been through and what we're going through. I also believe we are preparing for a bull season and we will have to wait until 2025 to really see a new bull season and ATH.

Trusting myself to make every decision in investing is very good I think, because indeed every prediction by several experts has a different view and so does the realization, it is very uncertain.
Regarding the price of Bitcoin which will reach 120k in the next year, there is nothing wrong with that prediction, because it is very optimistic that it can predict that, but again we all have different views.
Personally I am optimistic that the price of Bitcoin will rise but not significantly so that it can reach 120k in a short time.

When experts write bitcoin predictions it will be a different view, because some people see him as an influential person so there is a reason why many people follow him including in the crypto news media.
There is nothing wrong anyone can write the price of bitcoin according to their beliefs where bitcoin will go next year after Halving, when you already have a bitcoin price target it means there is already bitcoin in your wallet.
It will definitely go up, I still don't know when this upward recovery will occur, I think now we have to wait for the Halving first.

Regardless there is no basis for the prediction so it is still a guess.  I do not think that Bitcoin will reach 120k next year, if it is 2025, probably it has a possibility to happen because Bitcoin had enough momentum due to halving and possible FOMO that will exist when the price starting to surge.  I also think that the time is too short for Bitcoin to hit that $120k at the end of the 2024.  Even though Bitcoin halving is a huge catalyst for Bitcoin uptrend, it still needs to build up momentum and I believe it will take some months before the Bitcoin price starts going crazy.

Yes, everything is based on prediction and speculation and guesses. And with that, we don't know what will be the price till we are actually there. I still remember:

2017- there were speculation that we might go to $50k after reaching almost $20k that December
2021 - S2F model predicts $100k, and the prediction is almost perfect when we reach $69k that November

But we all know from those predictions that it didn't happen, no $50k after 2017, on the contrary it was a bear market. $100k was almost there, but after reaching $69k, it was the all time high for that bull run and no 6 digits in December.

I think the S2F model predicted the $20K run in 2017 pretty well. It made me a believer and was my go to in order to tell people my thoughts on the fractal price movement every four years. I also think it would have been accurate in 2021 if it were not for FTX stealing everyone’s money meant for BTC and dumping it into Solana and other shitcoins. That means 2025 could be the mother of all rallies, as we haven’t had a peak manipulated by fraud like in 2021 before.