‘Rich Dad Poor Dad’ Predicts Bitcoin May ‘Crash’ to $60K

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As a researcher with years of experience in the financial sector, I find Robert Kiyosaki’s approach to Bitcoin intriguing. His philosophy mirrors my own in certain aspects – the focus on accumulation rather than short-term price fluctuations.

According to Robert Kiyosaki, the successful author known for his book on personal finance titled “Rich Dad Poor Dad,” he anticipates that the value of Bitcoin could potentially drop down to around $60,000.

The well-known U.S. entrepreneur observes that the leading digital currency appears to have reached a plateau around the much admired $100,000 price point.

However, the 77-year-old businessman will be unfazed by such a significant correction. 

“If and when that happens I will not sell. BTC will be having a sale. I will buy more,” he said. 

Right now, the top cryptocurrency is being traded at approximately $97,320 based on information from CoinGecko. It’s only about 2.4% from hitting a brand-new all-time high.

On November 22nd, Bitcoin peaked at its highest record value of $99,800 on the Bitstamp trading platform. Afterward, it experienced a slight adjustment, dipping down to a temporary low of $90,742 also on the Bitstamp exchange.

According to a report from U.Today, Mike Novogratz, CEO of Galaxy Digital, stated that he doesn’t believe Bitcoin will drop below the $80,000 mark.

Last month, Kiyosaki endorsed the uber-bullish $13 million Bitcoin price prediction made by MicroStrategy CEO Michael Saylor. 

Currently, Kiyosaki emphasizes that he’s prioritizing the acquisition of more Bitcoins. He mentioned, “At this point in the Bitcoin cycle…the price isn’t as crucial as the number of Bitcoins you own. My goal is to accumulate more Bitcoins.

Just a few days ago, it was mentioned that an undetermined AI system supposedly forecasted that the price of Bitcoin could reach $500,000 by the year 2025.

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2024-12-01 21:28