🤔 Is Bitcoin about to crash? Robert Kiyosaki's view says so!
Financial writer Robert Kiyosaki, also the author of the bestselling book 'Rich Dad Poor Dad', recently made predictions about the future price of Bitcoin. He stated that Bitcoin might drop to $60,000 because it seems difficult to break through the $100,000 barrier at the moment.
He also mentioned that if Bitcoin really drops to $60,000, it’s not necessarily a bad thing; rather, it’s a good buying opportunity. Furthermore, he remains very optimistic about Bitcoin in the long run, believing that by 2025, the price could surge to $250,000!
Kiyosaki added that his investment strategy is focused on accumulation, not trading prices. He warned us that once the price of Bitcoin surpasses $100,000, it will become increasingly difficult for middle-class and low-income investors to afford. He believes that by then, corporations, banks, and sovereign wealth funds will become the main buyers of Bitcoin.
However, there are differing opinions. For instance, Thomas Lee, the Chief Investment Officer of Fundstrat Capital, is extremely optimistic. During a discussion with SkyBridge founder Anthony Scaramucci, he stated that as Bitcoin's block rewards decrease, the supply diminishes, and naturally, the price will have to rise, predicting that within the next 12 months, the price of Bitcoin will exceed $250,000.
Lee also mentioned that if the U.S. government supports Bitcoin, its value could see a significant breakthrough. He believes that Bitcoin becoming a strategic reserve asset for the U.S. could fundamentally change the market's perception of it.
In summary, Kiyosaki's perspective may represent those investors who focus more on market cycles and value accumulation, while Lee's view may attract those seeking rapid growth and high returns. Nevertheless, both predictions emphasize the growing importance of Bitcoin in the global financial system and its potential influence as an emerging asset class.
However, Bitcoin's price is affected by various factors, including technological developments, market sentiment, macroeconomic trends, and changes in regulatory environments. Therefore, investors need to consider these factors comprehensively when making investment decisions and devise investment strategies based on their risk tolerance and goals, avoiding blindly following trends.
