- Kiyosaki bought more BTC and now expects an additional rally towards $175k-$350k
- Pi Cycle Top predicted a potential market peak in September, around $235,000
Robert Kiyosaki, the author of “Rich Dad, Poor Dad,” has discovered even more Bitcoin [BTC] after the world’s largest digital asset clawed back $100,000 on the price charts.
Kiyosaki has been a long-time advocate of BTC and has always urged his more than 2 million followers (formerly Twitter) to consider the cryptocurrency as an inflation hedge.
BTC to $175k?
He even recently predicted that Bitcoin could rise to $175,000 – $350,000 by 2025, which could explain his recent additional BTC positions. In his New Year’s message he said wrote,
“My Bitcoin Price Prediction 2025: $175,000 to $350,000. Happy new year”
In addition to BTC, the author has also advocated asset diversification to include silver and gold, citing economic mismanagement by key government agencies that makes US dollar-based investments very risky at this time.
That said, his Bitcoin projection isn’t exactly far-fetched. Especially since it falls within the $150,000 – $250,000 range expected by most analysts.
Even one of the major market peak metrics, Pi Cycle Top, marked $234,000 as a potential trigger level for a massive correction and a likely bear market.
For those unfamiliar, the metric correctly marked 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 trends repeat and typical cycle patterns repeat, the ongoing bull run could disappear by the end of the third quarter of 2025 and usher in a bear phase of prolonged correction.
In the meantime, the Trend-Based Fibonacci Extension tool, traced from the market’s bottom in 2022, indicated that BTC could rise to $167,000 in the medium term.
However, it’s worth noting that before the wild run above $150,000, most market experts were predicting a potential local top in March, before a rebound towards a cycle peak later in the year.