Why Robert supports “Miss Wood”‘s $2.3 million BTC price forecast

Source: Blockchain Knight

Because of the best-selling book “Rich Dad, Poor Dad” (Rich Dad, Poor Dad) The well-known well-known writer Robert Kiyosaki expressed support for the “guess” that Cathie Wood’s price per BTC is $2.3 million.Kiyosaki admires Wood’s wisdom and his firm belief in the future of BTC.

Cathie Wood’s Ark Invest made an interesting prediction about BTC in its “Big 2024” report in February.

The company believes thatIf 19.4% of global institutional assets (valued as high as $250 trillion) are transferred to BTC, the price of BTC could soar to $2.3 million..

At that time, Ark Invest also emphasized that BTC had become an independent asset class and was worthy of “strategic allocation in institutional portfolios” because the BTC price trend was not highly correlated with the price trends of other Crypto asset classes.

Robert Kiyosaki recently published an article on X, sharing his confidence in the “sky price” forecast of BTC reaching $2.3 million, and noting that he trusts Cathie Wood’s judgment very much because she is very smart.

Cathie Wood recently raised its ante, predicting that BTC could be priced up to $3.8 million if institutional investors replace at least 5% of their portfolio with BTC.

While the famous stock picker often comes under fire for her ambitious price targets, Kiyosaki praised her for having the courage to make such a prediction.

Whether Wood’s predictions come true or not, Kiyosaki claims that those who follow her advice will get a better understanding of BTC.

Schools are the only place in the world where “smart people” can never make mistakes, but in the real world, the richest and happiest people are those who make mistakes and learn from them.

Despite the all-time high in March approaching $74,000, BTC is currently in volatility.According to CoinGecko data, BTC is currently up 3.5% on the weekly chart and trades at $70,556.

Wood’s Ark is one of the iconic asset managers that received SEC (SEC) approval to list spot BTC ETFs in January.

After the launch of investment tools, Wood predicts that BTC will continue to grab the global market for gold, as traditional investors now have an easier and safer way to access benchmark Crypto assets without buying and storing.

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