Robert Kiyosaki, the famous author of the best-selling book “Rich Dad Poor Dad” believes that Bitcoin could fall to $17,000. However, he also believes that cryptocurrencies “will win” because the United States is led by three puppets. He has been recommending Bitcoin as well as gold and silver to investors.
Kiyosaki believes Bitcoin could bottom at $17,000
Robert Kiyosaki, author of Rich Dad Poor Dad, shares his latest price expectations and future outlook for Bitcoin. Rich Dad Poor Dad is a 1997 book by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for over six years. The book has sold over 32 million copies in over 51 languages in over 109 countries.
Kiyosaki tweeted on Thursday that Bitcoin is collapsing and he is waiting for the cryptocurrency’s price to drop to the $20,000 level.He explained that he would wait until bitcoin A test of the bottom, possibly at $17,000, before he starts buying. “Crash is the best time to get rich,” he advises.
Kiyosaki’s tweet comes as the crypto market has lost billions of dollars as the terrausd (UST) fiasco unfolds. At the time of writing, Bitcoin is trading at $29,289, down 2% in the past 24 hours, 20% in the past 7 days and 27% in the past month.
Kiyosaki also believes “Bitcoin will win”
despite falling bitcoin Price, Kiyosaki believes “Bitcoin will win”. He explained why on Twitter on Wednesday. “Bitcoin will win because America is led by 3 puppets,” he wrote, adding that the first was President Joe Biden. He said the second figurehead was Treasury Secretary Janet Yellen and the third was Federal Reserve Chair Jerome Powell. The famous author affirmed: “I believe in Bitcoin and not 3 Stooges.”
This is also not the first time Kiyosaki has expressed distrust of the Biden administration, Wall Street and the Fed. He has also been advising investors to buy Bitcoin for a long time.
Last month, the famous writer said that the biggest bubble burst is coming. He called the government, Wall Street and the Fed “thieves.”he also said Hyperinflation and depression are here Investors are advised to buy gold, silver and Bitcoin.
In March, Kiyosaki said the dollar was about to collapse, blaming President Biden for causing inflation. he admired Gold, Silver, Bitcoin (bitcoin), Ethereum (Ethereum) and solana (SOL) as investments at the time.
However, Kiyosaki’s outlook for cryptocurrencies has not been smooth sailing.The famous author also warned that the government will eventually seize All cryptocurrencies and fold them into government cryptocurrencies.Nonetheless, he subsequently said Russia’s war with Ukraine “makes cryptocurrencies a safer haven than fake government fiat”.
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