Contradicting himself? Rich Dad warns Bitcoin could drop to $60,000, but just two days ago he claimed BTC would soon break $100,000.

As Bitcoin continues to fluctuate between $96,000 and $98,000 over the weekend, the author of the best-selling investment book (Rich Dad, Poor Dad), Robert Kiyosaki, pointed out in a post yesterday (12/1) that Bitcoin is stagnating below $100,000. He believes this means BTC could drop to $60,000, but he emphasized that he would see this as a discount promotion for Bitcoin and would take the opportunity to stock up.

Bitcoin is stagnating below $100,000. This means BTC could drop to $60,000.

If that happens, I will not sell. I will buy more when BTC is on promotion.

I expect Bitcoin prices to stabilize around $250,000 by 2025. (Here, the Rich Dad author seems to have made a typo saying $250, the community mostly believes he meant $250k)

He also stated that in the current Bitcoin market, price is not that important; the focus is on "how much Bitcoin you have," and he reiterated that he wants to buy more Bitcoin.

Rich Dad: The last chance to buy Bitcoin is before $100,000.

However, seemingly contradicting himself, Robert Kiyosaki tweeted on Saturday that he expects Bitcoin prices to soon break $100,000 and stated:

"Once Bitcoin breaks $100,000, it will be nearly impossible for the poor and middle class to catch up." At that time, only super-rich entities like corporations, banks, and sovereign wealth funds will be able to afford it.

Reiterating that in the future world, the rich holding gold, silver, and Bitcoin will only get richer, while those holding fiat currency will become poorer because cash is trash. He also shouted, "FOMO is a good thing. Don’t be left behind."

But generally speaking, when the market is in extreme FOMO, a significant correction may come soon after. Readers are reminded to manage their risks based on their financial situation.

Analyst: BTC is about to break $100,000.

In response to the Rich Dad author warning that Bitcoin could fall back to $60,000, well-known cryptocurrency analyst Willy Woo commented:

Buy on dips at any time.

But it seems that a breakthrough of $100,000 is about to happen.

If all markets crash, $70,000 will be a huge support level.

Rich Dad revealed last month that he bought his first Bitcoin at $6,000 and continued to increase his holdings as Bitcoin rose to $76,000. He currently owns 73 Bitcoins and hopes to increase his holdings to 100 Bitcoins in the next year (regardless of price) and will store more of his income in real currencies like Bitcoin, gold, and silver.