Robert Kiyosaki, an entrepreneur and best-selling author of Rich Dad’s book, Poor Dad, on Twitter, said he was optimistic that the Bitcoin price would reach $75,000 in three years. In addition, he shared his concern about the declining economy as a result of the coronavirus pandemic, leading him to buy three valuable assets, including bitcoin, gold and silver.
Through a viral tweet, Kiyosaki reveals that he is working hard on hard assets such as gold and BTC to get ready for a viable economic crash, driven by ill-advised government policies. In addition, through a tweet, he points out how valuable each asset might be in the future. Tweets:
“Bought more gold silver Bitcoin. GOLD [currently] at $1700. Predict $3000 in 1 year. Silver [currently] at $17. Predict $40 in 5 years. Bitcoin [currently] at $9800. Predict $75000 in 3 years.”
Bitcoin price to surge by 97 percent annually
In numbers, his prediction shows an estimated annual increase of almost 76%, 19%, and 97% for gold, silver, and bitcoin, respectively. According to this estimate, Kiyosaki expects Bitcoin to have the most flattering benefit potential of the three properties.
Indeed, this is not the initial time Kiyosaki has shared his bullish BTC sentiments, set forth the virtues of the flagship cryptocurrency, and blockchain technology. The Rich Dad, Poor Dad author has in recent times expressed his confidence in the successful future of blockchain technology on several occasions.
In fact, current statistics are a good example of Kiyosaki ‘s latest sentiments about the economy. Retail sales dropped dramatically by 16.4 per cent back in April, while production performance decreased by a low 13.7 per cent.
Meanwhile, the Federal Reserve banks on the United States economy are expected to fall by the end of Q2 this year. According to investment analyst Sebastian Sienkiewicz, the Fed is looking at significant monthly information to predict a 48.07 per cent annual decline in US GDP in Q2.