It has been more than two years since the popular Laser Eye movement took over the cryptocurrency Twitter (X), when numerous Bitcoin proponents believed that the asset would inevitably reach $100,000 after surpassing $50,000 and had risen to $60,000.
But as anyone who has even remotely followed the industry knows, that didn't happen. On the contrary, the situation worsened in 2022 and early 2023, leading to a price drop to below $20,000.
However, the situation began to improve in the second half of last year, perhaps due to hype surrounding the possible approval of spot Bitcoin ETFs in the US. Although it seemed like a long shot at the time, the involvement of BlackRock – the world's largest asset manager – has turned people's views around.
Therefore, BTC started to gain momentum again. Such products were finally approved in early 2024, and while they were immediate best sellers, their long-term impact cannot be underestimated.
With large amounts of US dollars flowing into many of these financial products, the price of BTC has risen above $50,000 for the first time in over two years.
This has turned the mood in the community upside down as the cops appear to be in full control. That's why there are numerous predictions circulating, each more impressive than the last.
Robert Kiyosaki, the author of Rich Dad, Poor Dad, also commented on the matter. He has been a Bitcoin advocate for years, often praising the asset alongside gold and silver over “fake” fiat currencies like the dollar.
In his recent post on BTC, Kiyosaki said that the coveted price of $100,000 will finally fall in the next four months.
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