Bitcoin Price Prediction: $50,000 By 2021, 'Rich Dad Poor Dad' Author Suggests

Bitcoin Price Prediction: $50,000 By 2021, 'Rich Dad Poor Dad' Author Suggests

Gate Trade News Thursday, December 17, 2020 49 0

A wall of institutional money is set to come to Bitcoin, and because of this inflow, the benchmark cryptocurrency will likely to move way past $20,000 and hit $50,000, said Robert Kiyosaki, author of "Rich Dad Poor Dad."

 

The real estate mogul and best-selling author has been an advocate of Bitcoin, gold and silver. 

 

Speaking about institutional inflow into Bitcoin in 2021, Kiyosaki tweeted that he was glad he bought the dominant cryptocurrency and encouraged others to buy it while it's still below $20,000. 

 

At $50,000, Bitcoin would be around 10.3% of gold's current market cap.