With the global banking system in trouble, Robert Kiyosaki believes Bitcoin's price could hit a new high amid calls for adoption.

Robert Kiyosaki, author of ‘Rich Dad Poor Dad’, has released another Bitcoin price target for this year.

Known as one of the biggest proponents of high coins and traditional assets like gold and silver, Kiyosaki cites one of the main reasons why these assets will continue to rise in value.

The popular financial expert issued this prediction as the BTC price is undergoing a mild reset in the market. At the time of writing, the coin was changing hands at $103,159.67, down 0.88% in 24 hours.

Robert Kiyosaki on Bitcoin Price Outlook

According to the financial guru, the price of BTC, gold, and silver will continue to rise as the Marxist central banking system is collapsing. He reveals to X that many people are already going bankrupt.

The past year has seen dire warnings about the US economy. As a result of the economic stress, Moody's downgraded the US credit rating, another sign of a troubled financial ecosystem.

Amidst the stress, Robert Kiyosaki told his more than 2.7 million followers to keep ‘HODLing’ the coin.

As a sign of his commitment to the top coin, he confirmed that he plans to buy more of the asset this year, reiterating his $250,000 Bitcoin price target.

Despite the uncertainty in the market, he advised his followers to buy more and not sell. Reactions to the post confirm that the advice is resonating with more consumers.

Bitcoin and the Key Adoption Trend

The confidence that the price of $BTC will continue to rise stems from the current level of adoption of the top coin.

Privately and publicly traded firms and state investment funds are becoming interested in TopCoin.

Michael Saylor’s Strategy Inc. has been buying $BTC almost weekly. On May 12, the strategy bought 13,390 BTC for $1.34 billion. This purchase is one of many as mainstream financial institutions are now taking interest in the coin.

$BTC supporters are convinced that a major valuation breakout is waiting to happen. This is because the current demand for the coin far exceeds supply. Robert Kiyosaki’s Bitcoin price prediction, as other industry leaders, has more ambitious goals.

According to a previous report, Bitwise CIO Matt Hougan has pegged the potential value of the coin at over $1 million in the mid-term.

He described a dip-then-rip analogy to show how the coin will soon rise to new highs amid uncertainty surrounding the US-China trade war.

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