Financial expert Robert Kiyosaki has announced his predictions that the upcoming "biggest financial bubble in history" will burst, leading Bitcoin to surge to $750,000 and Ethereum to $95,000. These forecasts have been made despite critics questioning Kiyosaki's methodology.
Redaksiya reports that Kiyosaki claims the financial bubble, which has been inflating since 2008, will burst soon. He predicts that within a year of this event, Bitcoin will be worth US$750,000 and Ethereum US$95,000. Kiyosaki also noted that gold would reach US$35,000 and silver US$200. He presents Bitcoin, Ethereum, gold, and silver as rare "escape routes" from fiat currencies. Kiyosaki stated that he recently purchased 1 BTC at approximately US$67,000 and emphasized his readiness to buy more even if the price drops to US$6,000.
Critics, however, point to Kiyosaki's decades-long history of unfulfilled predictions of financial collapse. They argue that his figures lack rigorous modeling. Nevertheless, Kiyosaki's warnings come amid the US Federal Reserve's (Fed) tight monetary policy and increasing geopolitical risks. Kiyosaki's predictions of US$750,000 for Bitcoin and US$95,000 for Ethereum represent approximately a 10-fold increase for Bitcoin and a roughly 45-fold increase for Ethereum compared to current prices. He bases these predictions on the conviction that the 2008 financial crisis was masked by stimulus and quantitative easing rather than fundamental solutions.