Contradicting Himself? Rich Dad Warns Bitcoin Could Drop to $60,000, but Just Two Days Ago He Said BTC Will Soon Break $100,000

Investment and Wealth Management Best-Seller (Rich Dad, Poor Dad) Author Robert Kiyosaki warned yesterday that as Bitcoin stagnates below $100,000, it could crash to $60,000, but he would view this as a good opportunity to buy on dips. (Background: Rich Dad: The last chance to buy Bitcoin is before $100,000, otherwise the wealthy and institutions will scoop it all up) (Background Supplement: Rich Dad predicts Bitcoin to reach $13 million! Supports Michael Saylor's prediction: MicroStrategy is correct) As Bitcoin continued to fluctuate between $96,000 and $98,000 over the weekend, investment and wealth management best-seller (Rich Dad, Poor Dad) author Robert Kiyosaki stated yesterday (12/1) that Bitcoin is stagnating below $100,000, which he believes means BTC may fall to $60,000. However, he emphasized that he would see this as a discount sale for Bitcoin and would take the opportunity to stock up. Bitcoin is stagnating below $100,000. This means BTC may drop to $60,000. If that happens, I will not sell. I will buy more when BTC is on sale. I predict Bitcoin will stabilize around $250,000 by 2025. (Here, the Rich Dad author seems to have made a typo of $250, most in the community believe 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 reiterated that he wants to buy more Bitcoin. BITCOIN to CRASH Bitcoin is stalled short of $100k. That means BTC may crash to $60k. If and when that happens I will not sell. BTC will be having a sale. I will buy more. I predict Bitcoin will settle around $250 in 2025. At this stage of the BTC process… price is not… — Robert Kiyosaki (@theRealKiyosaki) December 1, 2024 Rich Dad: The last chance to buy Bitcoin is before $100,000. However, it seems to contradict himself, Robert Kiyosaki tweeted on Saturday that he expects Bitcoin prices to soon break $100,000, stating: "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 like corporations, banks, and sovereign wealth funds will be able to afford it. He reiterated that in the future world, the wealthy who hold gold, silver, and Bitcoin will only get richer, while those holding fiat currency will become poorer, as cash is trash. He also stated, "FOMO is a good thing. Don’t get left behind." But generally speaking, when the market is in extreme FOMO, a significant correction may soon follow. He reminds readers to manage risks according to their financial situation. THE RICH WILL GET RICHER: Q: WHO WiLL BE RICHER? A: The people who save Gold, Silver. Bitcoin. I own all three financial assets. Q: WhO WILL BE POORER? A: The people who save dollars, Pesos, Yen, Euro, & Loonies. As I warned in Rich Dad Poor Dad “Savers are losers…because… — Robert Kiyosaki (@theRealKiyosaki) November 29, 2024 Analyst: BTC is about to break $100,000 Regarding the Rich Dad author's warning that Bitcoin could drop back to $60,000, well-known cryptocurrency analyst Willy Woo commented: Buy on dips at any time. But it looks like a breakout above $100,000 is imminent. If all markets crash, $70,000 will be a huge support level. Last month, Rich Dad also revealed that he bought his first Bitcoin at $6,000 and continued to add when Bitcoin rose to $76,000, now owning 73 Bitcoins. He hopes to increase his Bitcoin holdings to 100 coins within the next year (regardless of price) and will store more income in Bitcoin, gold, and silver, which are real currencies. Extended Reading: Rich Dad publicly discloses Bitcoin holdings of "73 coins", plans to increase to 100 coins: the rise has not reached its peak! $13 million Bitcoin:…. according to Michael Saylor. I believe he is right. He is one smart boy. Bitcoin today is $90,000. If Saylor is on target…. which I think he is…. that means for $9,000 today…. you buy .01 Bitcoin today… you are a millionaire tomorrow. Sure beats… — Robert Kiyosaki (@theRealKiyosaki) November 20, 2024 Related Reports Rich Dad: Trump and Kamala Harris cannot solve America's $35 trillion debt, only Bitcoin can save it. Rich Dad: The largest crash in history is coming, I am prepared! The internet scoffs, "You’ve been preparing since 2015". Rich Dad: The market crash is coming, your chance to get rich has arrived... The internet angrily responds, "Stop spreading panic". Rich Dad: Bitcoin is crashing, but I will "buy more" and hold forever. "Contradicting himself? Rich Dad warns Bitcoin could drop to $60,000, but just two days ago he said BTC will soon break $100,000" This article was first published on BlockTempo (BlockTempo - The most influential blockchain news media).