Robert Kiyosaki says Bitcoin will hit $105,000 next year if that happens

Robert Kiyosaki, an American businessman and author of Rich Dad Poor Dad, has projected $105,000 as the new price of bitcoin by August 2025. He explained that this projected price would remain if the presidential candidate of the United States, Donald Trump, won the election in the year. From November

The financial guru cited Trump’s aim to weaken the US dollar as a driver of price speculation. The weakening of the country’s sovereign currency is achieved when the Fed lowers interest rates, making the US dollar cheaper when exchanged for foreign currencies. These actions make imports more expensive and exports more affordable.

The weakening of the dollar will increase the price of BTC

Kiyosaki explained that Trump would explore drilling for oil in the country if elected, unlike the current president’s action to shut down the Keystone XL pipeline, a move that sent oil prices soaring from $30 to $130 per barrel

The idea is that a weaker dollar and increased oil drilling will create more local jobs and allow American citizens to invest more in assets like gold, silver and bitcoin.

The author summarized the impact that this weaker dollar will have on the country’s economy:

“A weaker dollar will increase exports, create jobs, open new factories and send gold, silver, bitcoin, stocks and real estate up in price.”

Recall that Kiyosaki had previously predicted that BTC would reach $350,000 next month, referring to the incompetence of American leaders. He had also shared several price speculations in the past.

Can Bitcoin achieve this feat?

In March 2024, BTC reached its current peak price of $73,700. Since then, the leading cryptocurrency has dropped to a price range of $54,000. While the asset stood at $66,700 at press time, it’s not yet known if a sudden increase will happen anytime soon.

Still, investors are confident that BTC will break $100,000 and see new price highs over the next year.

However, the asset has reacted well to the positive developments on the American political front related to Donald Trump. The former skeptic and critic changed tune during the 2024 election campaign and has now become the self-proclaimed “crypto” candidate. The failed assassination attempt against him earlier this month was one example of gains for bitcoin.

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