Renowned author and investor Robert Kiyosaki, best known for his New York Times bestselling book ‘Rich Dad Poor Dad,’ once again poked controversy in the crypto world with his latest bitcoin prediction. Over the weekend, Kiyosaki urged Bitcoiners on the social media platform X (formerly Twitter) to position themselves for a price dip, pointing to it as a strategic buying opportunity to make long term gains. In his post, Kiyosaki warned of a possible price correction for Bitcoin, stating:
“Bitcoin is stalled short of $100K. That means BTC may crash to $60K.”
Some investors who may be alarmed by this projection, however, should not be spooked by bitcoin’s future, Kiyosaki opined, as one such dip would serve as proof that bitcoin’s price is “selling” instead of a reason to sell off holdings. He intends to take advantage of any price drop, saying instead of worrying about short-term movements, one should instead be accumulating more bitcoin. He elaborated:
“At this stage of the BTC process … price is not as important as how many BTC you acquire. I want more BTC.”
Robert Kiyosaki Predicts Bitcoin to Hit $250,000 by 2025
We need to try and forget about what bitcoin was initially, and promote it for what it has the potential to become. Bitcoin will soon be 250,000 this year to 2025, according to Robert Kiyosaki. Cryptocurrency is an important resource, he feels, for combating fiat currency devaluation and navigating the swirling seas of global economic uncertainty.
It seems to line up with his continuous advice of hedging against financial instability by acquiring BTC, gold or silver. Being concerned about U.S. national debt and a weakening dollar, Kiyosaki has always spoken out about BTC and how it may serve as a protective, measure.
His unflinching confidence bolsters the assertion that BTC is becoming a key force in situating wealth as financial landscapes shift around the world. Kiyosaki also highlighted a critical psychological and economic milestone for BTC: the $100,000 mark. Surpassing this level, he thinks, would make it more difficult for investors to get into BTC.
We warned that once bitcoin breaks $100,000, the ONLY people that are going to be buying BTC are going to be ultra rich folks, usually corporations, banks, and sovereign wealth funds, because everybody’s going to buy the resource.
Bitcoin as a Hedge Against Instability and Wealth Preservation Tool
His long standing advocacy for early adoption is evidenced by this call to action as he urges middle class to stake claim to BTC before it becomes a commodity at which the institutional crowd can continue to feast.
Robert Kiyosaki’s recent BTC comments are in line with his long history of cheerleading for a bullish BTC. In July, he predicted BTC would climb to $10 million per coin on systemic risks in the global economy and fiat currency devaluation.
Lately he also backed BTC cryptocurrency forecasted by Microstrategy chairman Michael Saylor to hit $13 million, which hints at his certainty in the abilities of BTC in the financial world.
Stemming from such concerns has given BTC a new role as a transformative asset to avert global economic uncertainties, according to Kiyosaki who sees a future in which BTC effectively serves as a hedge against economic instability and a long term solution to preserve wealth.
Conclusion
Robert Kiyosaki reveals his unflinching conviction that it is a long term bet and bitcoin will perform well on this. He still predicts a possible dip down to $60,000, but sees it as an opportunity to buy more BTC, and doesn’t take it lightly: the value as a hedge against economic volatility. His bullish state reenforces bitcoin’s role in being a cornerstone for future financial systems.
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