‘Rich Dad Poor Dad’ author buys more Bitcoin amid rally – Here’s why
- Kiyosaki bought more BTC and now, expects an extra rally towards $175k-$350k
- Pi Cycle Top forecasted a potential market peak in September, near $235k
Robert Kiyosaki, the author of ‘Rich Dad, Poor Dad,’ has scooped up more Bitcoin [BTC] after the world’s largest digital asset reclaimed $100k on the price charts.
Kiyosaki is a long-time BTC advocate and has always urged his over 2M X (formerly Twitter) followers to consider the cryptocurrency as an inflation hedge.
BTC to $175k?
In fact, he recently predicted that Bitcoin could surge to $175k —$350k in 2025, which could explain his recent extra BTC positions. In his New Year message, he wrote,
“My price prediction for BITCOIN 2025: $175,000 to $350,000. Happy New Year”
Apart from BTC, the author has also championed asset diversification by including silver and gold, citing economic mismanagement by key government institutions that make U.S dollar-based investments very risky right now.
That being said, his Bitcoin projection isn’t exactly far-fetched. Especially since it falls within the $150k-$250k range expected by most analysts.
In fact, even one of the key market peak metrics, Pi Cycle Top, marked $234k as a potential trigger level for a massive correction and a likely bear market.
For those unfamiliar, the metric correctly flagged previous market peaks in 2013, 2017, and 2021. The signal triggers the market top when the 111-day moving average (MA, orange) crosses the modified 365-day MA.
If the trends repeat and the typical cycle patterns play out, the ongoing bull run could fizzle out by the end of Q3 2025 and usher in a bear phase of extended correction.
In the meantime, the Trend-Based Fibonacci Extension tool, traced from the 2022 market bottom, indicated that BTC could surge to $167k in the medium term.
Worth noting, however, that before the wild run above $150k, most market pundits projected a potential local top in March before a rebound towards a cycle peak later in the year.