Robert Kiyosaki, one of the investors and entrepreneurs well-known in the financial world, made an important prediction about the price of Bitcoin (BTC) in his recent statement.
Kiyosaki, who claims that the values of gold, silver, and Bitcoin will continue to rise, pointed to the “collapse of the U.S. Federal Reserve” as the reason. Kiyosaki, who stated that he continues to buy more Bitcoin, expressed that he expects the BTC price to reach 250,000 dollars this year.
In addition, the analyst claimed that Bitcoin is a better asset than silver or gold. He pointed out that 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 mine, and oil well owners can simply increase production when the prices of these assets rise, but this is not the case with Bitcoin.
The FED was again under pressure from President Donald Trump regarding lowering interest rates today. Trump is openly calling for Jerome Powell to lower rates.