Robert Kiyosaki Warns of Bitcoin Crash to $60,000 Before Potential Rally
Robert Kiyosaki, renowned author of Rich Dad Poor Dad, has raised concerns about Bitcoin’s trajectory as it struggles to breach the $100,000 threshold.
He warned that if the cryptocurrency doesn’t achieve new record highs soon, it could retreat to $60,000. However, Kiyosaki sees such a drop not as a setback but as an opportunity to accumulate more Bitcoin at a discounted rate.
In a recent post, Kiyosaki reiterated his bullish stance, forecasting that Bitcoin could climb as high as $250,000 by 2025. This follows previous predictions of $500,000 for 2024, though he acknowledges some earlier estimates may fall short.
Kiyosaki encouraged investors to seize the chance to buy Bitcoin now, warning that prices above $100,000 might push the asset out of reach for most individuals, leaving ownership concentrated among the ultra-wealthy.
READ MORE:
Bitcoin No Longer Offers Quick Riches, Expert SaysDespite cautioning against fear-based buying strategies, Kiyosaki maintains that Bitcoin is a critical hedge against financial instability, alongside traditional safe havens like gold and silver.
However, not everyone shares his optimism. Trader Peter Brandt has suggested that Bitcoin’s potential for massive profits may be diminishing as its bull cycles lose momentum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New spot margin trading pair — HOLO/USDT!
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn
- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

OPEN has dropped by 189.51% within 24 hours during a significant market pullback
- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

New spot margin trading pair — LINEA/USDT!
Trending news
MoreCrypto prices
More








