According to U.Today, renowned investor and entrepreneur Robert Kiyosaki has recently shared his financial success formula and made a bold prediction about Bitcoin's future. Kiyosaki, who is also known for his best-selling personal finance book, is a strong advocate for Bitcoin and frequently shares his positive views on the digital asset with his large online following.
Currently, Bitcoin is experiencing a turbulent period, with its price fluctuating after a recent significant drop of more than 15%. The world's leading cryptocurrency lost approximately $1,000 of its market price, falling from the $64,000 level to just below $54,000 within five days. Despite attempts to recover the $59,000 price line over the past few days, Bitcoin has been unable to maintain this level and has been pushed down again. At the time of writing, the largest digital asset by market capitalization is trading at $58,465, having recovered by 6.5% since the start of the week.
Kiyosaki's success formula, as shared in his tweets, podcasts, and interviews, is often referred to as 'financial wisdom' or 'financial IQ.' This time, he shared an insight about 'success in life,' stating that it does not solely depend on the cards one is dealt in life, but rather on 'how well you play your cards when dealt a bad hand.'
Earlier this year, Kiyosaki made a striking prediction, stating that he expects Bitcoin to surge to at least $350,000 by August of this year. This prediction is based on the growing U.S. national debt, while the country's government continues to print billions of U.S. dollars. The crypto community anticipates that the Federal Reserve will begin to ease interest rates this year, which, if it happens, would be bullish for Bitcoin.
