Renowned investor and author of “Rich Dad Poor Dad,” Robert Kiyosaki, has made a striking prediction that Bitcoin (BTC) will reach an astonishing $350,000 by August this year. This forecast underscores Kiyosaki's strong belief in Bitcoin as a store of value and a promising alternative investment amid economic uncertainties.

Kiyosaki shared his intriguing forecast on the social media platform X (formerly Twitter). His projection comes during a period of heightened market optimism and technological advancements in the cryptocurrency industry, suggesting that Bitcoin could be poised for significant gains in the coming months.

Kiyosaki stated that he believes Bitcoin will hit $350,000 by August 25, 2024, emphasizing that his prediction is not a lie but rather a speculative opinion. "I want $350,000 Bitcoin to be a fact, and I want it to be true, but it is only a prediction," Kiyosaki noted, highlighting the inherent uncertainty and volatility of digital assets.

While confident in Bitcoin's potential, Kiyosaki acknowledges that this target is a dream and a wish, given the unpredictable nature of cryptocurrencies. Despite this, he remains committed to acquiring more BTC and other notable cryptocurrencies like Ethereum (ETH) and Solana (SOL), believing these assets will yield significant gains in the near future.

Kiyosaki's prediction is rooted in his lack of confidence in current U.S. leadership, including President Joe Biden, Treasury Secretary Janet Yellen, and Federal Reserve Chairman Jerome Powell. He referred to these leaders as the "3-Stooges," expressing his belief in their incompetence. To protect against what he perceives as poor leadership, Kiyosaki has urged his followers to invest in BTC, Ethereum, Solana, gold, and silver.

Known for his book “Rich Dad Poor Dad,” Kiyosaki has been a vocal supporter of Bitcoin and has issued various price targets over time. In April, he expressed agreement with Ark Invest’s CEO Cathie Wood's bold forecast that Bitcoin could reach $2.3 million. Wood's prediction is based on the potential allocation of over 19% of the world’s assets, valued at $250 trillion, into BTC. Despite the seemingly lofty target, Kiyosaki trusts Wood's judgment, considering her exceptionally clever and insightful.

As the cryptocurrency community digests Kiyosaki’s bold prediction, the future of Bitcoin remains uncertain, yet the enthusiasm and support from prominent figures like Kiyosaki continue to fuel speculation and interest in the digital asset.