Robert Kiyosaki doubles down on Bitcoin, reiterating his $1 million price target. Is now the time to buy?

Robert Kiyosaki, the author of "Rich Dad Poor Dad", is making headlines again with his unwavering belief that Bitcoin will hit $1 million. Despite current market fluctuations around the $107,000 mark, Kiyosaki sees now as an opportunity, not a risk. Let's dive into why.
Kiyosaki's Bitcoin Journey: From $6,000 to Now
Kiyosaki first bought Bitcoin at $6,000, admitting he initially hesitated. Now, with Bitcoin over $100,000, he wishes he'd bought more. On July 1, 2025, he announced another purchase, showing his continued commitment. He believes the current price is a "steal", given his long-term outlook.
Why $107,000 Bitcoin is a Smart Buy
While many investors might be wary of buying after a substantial price increase, Kiyosaki sees the current price as an opportunity. He encourages investors to focus on long-term asset building rather than short-term price charts.
Kiyosaki's Gradual Accumulation Strategy
Kiyosaki advocates for consistent Bitcoin accumulation, regardless of market noise. This strategy mirrors his approach to gold and silver, prioritizing ownership over perfect timing. He believes in owning as much as you can, at whatever price you can get it.
Bitcoin's Road to $1 Million: Is It Possible?
Kiyosaki's $1 million target may seem ambitious, but historical trends and future potential support his view:
- Bitcoin Halving Events: Historically, these events have led to price surges by reducing supply.
- Institutional Adoption: More institutions are adding Bitcoin to their portfolios.
- Global Economic Instability: Bitcoin is increasingly seen as a hedge against inflation.
- Regulatory Maturation: Improved regulations could encourage broader participation.
- Technological Developments: Innovations enhancing Bitcoin's utility and value.
Bitcoin: A Tool for Financial Freedom
Beyond price speculation, Kiyosaki sees Bitcoin as a tool for financial empowerment, offering freedom from government-controlled currencies and inflationary policies.
Should You Follow Kiyosaki's Strategy?
Consider adopting a long-term view and consistent accumulation using dollar-cost averaging (DCA). Invest amounts that align with your risk tolerance and financial goals.
The Current Bitcoin Price Picture
While Kiyosaki remains bullish, recent market data shows Bitcoin consolidating below the $108,000 resistance band. The price is currently around $106,970, with some indicators suggesting potential downside pressure. However, the overall structure remains bullish.
Final Thoughts
Robert Kiyosaki's unwavering belief in Bitcoin highlights its potential as a vehicle for wealth preservation and growth. Whether Bitcoin actually hits $1 million remains to be seen, but Kiyosaki's approach offers a framework for navigating the crypto market with a long-term vision. So, buckle up, do your research, and maybe, just maybe, we'll all be sipping margaritas on a beach paid for by Bitcoin gains. Who knows, right?