The author of one of the best-selling books on financial and economic advice, Robert Kiyosaki, is known for his bold statements about financial markets, the US government, and the Federal Reserve (FED). His name has long been associated with the world of cryptocurrencies, where he strongly supports Bitcoin as a real asset that can make people rich, unlike fiat currencies and the Federal Reserve, which - according to his vision - make people poorer.
Despite his strong belief in the cryptocurrency, Kiyosaki has not hesitated to make predictions about Bitcoin prices, even those indicating a potential collapse.
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Bitcoin could crash to $60,000
According to his latest statements, Kiyosaki revealed that he owns 73 Bitcoin and aims to reach 100 Bitcoin. To achieve this goal, he is waiting for a big bearish moment or a significant drop in the price of Bitcoin. Interestingly, Kiyosaki has been predicting a Bitcoin crash for a long time, which he sees as part of the larger financial market crash. Although the timing of this crash is still unclear, he confirms that this crisis is coming soon.
Recently, Kiyosaki commented again on the current situation, noting that Bitcoin is facing a slowdown at the $100,000 level, which could be a sign of a potential drop to $60,000. However, he does not see this as a threat, but rather as a buying opportunity.
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Bitcoin price could reach $250,000 by 2025
With Donald Trump’s victory in the US election, the price of Bitcoin has risen significantly, approaching the $100,000 mark, and is currently trading at $95.6,000. Kiyosaki sees this rise as a confirmation of his previous predictions. However, the next target is much higher, as many analysts, including Kiyosaki, expect the price of Bitcoin to reach $250,000 by 2025.
Given Bitcoin’s massive jump from $45,000 to $96.6,000 this year, this scenario seems plausible, especially with demand for Bitcoin ETFs on the rise and the next bull run approaching. But there are factors that could speed up or delay this target.
While price predictions are important, Kiyosaki stresses that what matters most is not the price of bitcoin but the number of units one owns. He reiterated this message when he revealed his bitcoin holdings, emphasizing that the main goal should be to accumulate more bitcoins, not to focus on price fluctuations.
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What does this mean for investors?
With the current positive conditions, many investors have made significant returns. But, as Kiyosaki says, “this is just the beginning.” According to his predictions, Bitcoin could reach $250,000 by 2025, which is 2.5 times its current price.
However, Bitcoin is likely to see a drop to $60,000 before reaching that target, and Kiyosaki describes this drop as a “golden opportunity” for investors looking to achieve financial freedom.