The author of the famous book Rich Dad Poor Dad, Robert Kiyosaki, recently shared a bold prediction: according to him, Bitcoin (BTC) will reach $350,000 by 2025. He also accuses BlackRock, one of the largest asset managers in the world, of manipulating the Bitcoin market.

Kiyosaki's accusations against BlackRock

On December 27, Kiyosaki wrote on X (formerly Twitter) that BlackRock, led by Larry Fink, had reportedly sold a large amount of Bitcoin, raising concerns about its influence on the market. Kiyosaki agrees with Republican politician Vivek Ramaswamy that Fink acts more in favor of shareholders, often at the expense of employees and community interests.

According to Kiyosaki, BlackRock is currently selling Bitcoin below $100,000 to allow large entities in the market, often referred to as "whales," to increase their positions.

Recent Bitcoin Flows at BlackRock

According to data from Arkham Intelligence, BlackRock transferred over $203 million in Bitcoin to Coinbase Prime in just two days. These assets could be intended for sale or simply kept in a custodial wallet.

Despite the growing popularity of BlackRock’s Bitcoin Spot ETF, known as IBIT, which has $52.71 billion in net assets under management, Kiyosaki recommends investing in Bitcoin directly rather than through the ETF. Ironically, IBIT recently saw its largest inflow of capital, $188 million, on December 26, just as rumors of a massive selloff by BlackRock were circulating.

A positive vision for Bitcoin

Despite accusations of manipulation, Robert Kiyosaki remains optimistic about the future of Bitcoin. He reaffirmed his intention to buy more BTC, believing that its price will reach $350,000 by 2025.

Current State of Bitcoin

Bitcoin is currently valued at $94,405, down 1.88% over the last 24 hours. However, the daily trading volume increased by 12.95%, reaching $51.35 billion.

Bitcoin’s technical chart suggests that a breakout above $100,000 could pave the way for a price of $108,000, signaling a full recovery. Conversely, another failure to break above this key threshold would keep the cryptocurrency in a consolidation phase.

Kiyosaki remains firm in his belief in Bitcoin's potential, even in the face of volatility and controversy surrounding its market.