Rich Dad Uncomfortable Dad writer Robert Kiyosaki warns bitcoin could also smash to $60,000, revealing his technique to capitalize on the dip for future features.
Robert Kiyosaki Prepares for $60K Bitcoin Crash
Illustrious writer Robert Kiyosaki, illustrious for his ebook Rich Dad Uncomfortable Dad, shared more insights about bitcoin, forecasting a capability dip earlier than a long-term surge. Co-authored with Sharon Lechter, Kiyosaki’s 1997 bestseller has sold over 32 million copies, translated into 51 languages, and stayed on the New York Times Most efficient Seller listing for more than six years.
On Sunday, Kiyosaki warned on social media platform X a pair of that which that it is probably going you’ll presumably also deem of bitcoin ticket smash. He wrote, “bitcoin to smash,” elaborating:
Bitcoin is stalled searching $100K. Which device BTC could also smash to $60K.
Then again, he stays optimistic, clarifying: “If and when that happens, I might no longer promote. BTC will likely be having a sale. I might aquire more.”
He also expressed confidence in bitcoin’s long-term capability, predicting this might occasionally perchance also resolve spherical $250,000 in 2025. Underscoring his technique, Kiyosaki emphasised that acquiring bitcoin matters more than timing the aquire, writing:
At this stage of the BTC course of … ticket isn’t very any longer as significant as how many BTC you obtain. I need more BTC.
His remarks followed an earlier post urging traders to aquire bitcoin, gold, or silver as protection against fiat foreign money devaluation. Final week, Kiyosaki asserted bitcoin could also almost today surpass $100,000, warning that failing to take a position early could also bolt away the heart class in the back of. “As soon as bitcoin breaks $100,000, ONLY the extremely-rich equivalent to corporations, banks, and sovereign wealth funds will likely be ready to afford bitcoin of any consequence,” he wrote.
The illustrious writer has constantly advocated for BTC as a hedge against economic instability. In July, he predicted bitcoin could also attain $10 million per coin, citing concerns over U.S. nationwide debt and capability dollar devaluation. By November, Kiyosaki endorsed Microstrategy executive chairman Michael Saylor’s projection of bitcoin attaining $13 million in worth, reinforcing his perception in BTC’s dominance in global financial programs. These forecasts underscore Kiyosaki’s long-term bullish stance on bitcoin, viewing it as a safeguard against economic downturns and foreign money depreciation.