Writer of “Rich Dad, Poor Dad” and Bitcoin (BTC) fanatic Robert Kiyosaki has backed the premier cryptocurrency to achieve a $350,000 worth mark in 2025. This daring prediction comes alongside slamming feedback in opposition to asset supervisor BlackRock whom Kiyosaki accuses of making an attempt to control BTC’s worth.
BlackRock Promoting BTC In Favor Of Market Whales – Kiyosaki
In an X put up on December 27, Kiyosaki claimed that BlackRock below the management of Larry Fink, is at the moment offloading massive quantities of Bitcoin as he voiced his mistrust over the asset supervisor’s involvement within the BTC market.
The American writer reiterated the views of republican Vivek Ramaswamy, who described Larry Fink as a shareholder capitalist i.e. people who find themselves centered on maximizing returns for shareholders relatively than stakeholder capitalists who take into account the curiosity of workers and communities.
On this regard, Kiyosaki additional alleges that BlackRock is intentionally suppressing Bitcoin’s worth under $100,000 by way of sell-off to permit market whales to buy at decrease costs.
Actually, information from Arkham Intelligence reveals that BlackRock has not too long ago moved +$203 million BTC to Coinbase Prime over the previous two days. Nonetheless, it stays to be seen if BlackRock intends to promote these property or simply preserve possession on a custodial pockets.
Moreover, Robert Kiyosaki advises in opposition to investing in BTC by way of BlackRock’s ETF, preaching a mode of direct funding in place.
Satirically, BlackRock boasts of the largest Bitcoin Spot ETF i.e. IBIT with $52.71 billion in web property. Amidst rumors of a deliberate BlackRock market offload and BTC’s ongoing worth decline, IBIT recorded its largest market outflow ever of $188 million on December 26 in line with information from SoSoValue.
However, Robert Kiyosaki backs Bitcoin’s strong bullish construction regardless of BlackRock’s alleged worth manipulation antics. The writer affirms his conviction to buy extra BTC which he predicts will attain $350,000 per unit in 2025.
Bitcoin Value Overview
On the time of writing, Bitcoin trades at $94,405 reflecting a lack of 1.88% up to now day. Nonetheless, its every day buying and selling quantity is up by 12.95% and is valued at $51.35 billion.
In keeping with its every day chart, Bitcoin’s instant resistance lies at $100,000, overcoming which might propel a return to the $108,000 worth area marking a complete worth restoration for the premier cryptocurrency. Albeit, one other rejection at $100,000 will drive BTC to retain its present consolidation sample.
Regardless, Bitcoin continues to rank as the biggest digital asset by market cap with complete market shares of $1.86 trillion, translating right into a crypto market dominance of 56.8%.
Featured picture from Crypto & Playing Information Field, chart from Tradingview
