Wealthy Dad Poor Dad writer Robert Kiyosaki warns bitcoin might crash to $60,000, revealing his technique to capitalize on the dip for future features.
Robert Kiyosaki Prepares for $60K Bitcoin Crash
Famend writer Robert Kiyosaki, well-known for his e book Wealthy Dad Poor Dad, shared extra insights about bitcoin, forecasting a possible dip earlier than a long-term surge. Co-authored with Sharon Lechter, Kiyosaki’s 1997 bestseller has offered over 32 million copies, translated into 51 languages, and stayed on the New York Instances Greatest Vendor listing for greater than six years.
On Sunday, Kiyosaki warned on social media platform X a few potential bitcoin worth crash. He wrote, “bitcoin to crash,” elaborating:
Bitcoin is stalled in need of $100K. Meaning BTC might crash to $60K.
Nonetheless, he stays optimistic, clarifying: “If and when that occurs, I can’t promote. BTC can be having a sale. I’ll purchase extra.”
He additionally expressed confidence in bitcoin’s long-term potential, predicting it would settle round $250,000 in 2025. Underscoring his technique, Kiyosaki emphasised that buying bitcoin issues greater than timing the acquisition, writing:
At this stage of the BTC course of … worth shouldn’t be as vital as what number of BTC you purchase. I would like extra BTC.
His remarks adopted an earlier put up urging buyers to purchase bitcoin, gold, or silver as safety in opposition to fiat foreign money devaluation. Final week, Kiyosaki asserted bitcoin might quickly surpass $100,000, warning that failing to take a position early might go away the center class behind. “As soon as bitcoin breaks $100,000, ONLY the ultra-rich equivalent to companies, banks, and sovereign wealth funds will be capable to afford bitcoin of any consequence,” he wrote.
The well-known writer has constantly advocated for BTC as a hedge in opposition to financial instability. In July, he predicted bitcoin might attain $10 million per coin, citing considerations over U.S. nationwide debt and potential greenback devaluation. By November, Kiyosaki endorsed Microstrategy government chairman Michael Saylor’s projection of bitcoin attaining $13 million in worth, reinforcing his perception in BTC’s dominance in international monetary techniques. These forecasts underscore Kiyosaki’s long-term bullish stance on bitcoin, viewing it as a safeguard in opposition to financial downturns and foreign money depreciation.
