“Bitcoin will reach $120k next year.”

By Robert Kiyosaki (@theRealKiyosaki) · Posted 11 Jul 2023 · checked 26 Oct 2026 · 85% confidence

What they posted

August 22, 2023, in Johannesburg, South Africa, BRICS nations announce gold backed crypto. US $ will die. Trillions of US $ rush home. Inflation through the roof. Buy Gold, Silver. Bitcoin to $120k next year.

Why it's Bulls**t

Multiple independent sources including Bitbo, Firsthand Bitcoin, Bloomberg, Yahoo Finance, CoinGecko, Reuters, and Forbes establish Bitcoin's 2024 peak below $109k (highest cited ~$108.3k) with year-end prices near $93k; none show it reaching $120k by the deadline.

Sources

• Bloomberg
• CoinGecko
• Reuters
• Forbes
• Bitbo
• Firsthand Bitcoin
• Yahoo Finance
• BBC