Robert Kiyosaki, author of the record-breaking “Rich Dad Poor Dad” personal finance book, gave the 4 lows for Bitcoin in a recent tweet.
Robert Kiyosaki discusses the bottoms for Bitcoin
As we have mentioned in the analysis ofKriptokoin.com , the Bitcoin price is going up after the Fed meeting at the beginning of May. gained momentum. The ensuing selloff caused a slight correction, while the collapse of the Terra ecosystem pushed Bitcoin price to $27,000. At Robert Kiyosaki, the leader says the cryptocurrency remains bullish, but new bottoms will be tested:
I am optimistic about Bitcoin’s future. Waiting for new bottom test. $20,000? $14,000? 11 thousand dollars? 9 thousand dollars? Why am I staying on the rise? The Fed and the Treasury are corrupt institutions. They will self-destruct before they regain their integrity, integrity, and moral compass. Be careful. Be aware.
I remain bullish on Bitcoin’s future. Waiting for test of new bottom. $20k? $14 k? $11 k? $9 k? Why do I remain bullish? Fed and Treasury are corrupt organizations. They will self-destruct before they regain honesty, integrity and moral compass. Take care. Be aware.
— therealkiyosaki (@theRealKiyosaki) May 19, 2022
The author states that the price of Bitcoin could be anywhere between $20,000 and $9,000 predicts but thinks it will continue to rise:
Why am I keeping up? The Fed and the Treasury are corrupt institutions. They will self-destruct before they regain their integrity, integrity, and moral compass. Be careful. Be aware.
Last week, Kiyosaki said that he thought the BTC crash was “great news.” At the time, he predicted that $20,000 and $17,000 could be lows and said he expects Bitcoin to drop to these levels before “supporting the truck.”
The investment legend didn’t back down from the comments this week even as BTC fluctuated
Kiyosaki, who has gained a reputation as a zealot for broad and caustic statements, explains why Bitcoin continues to rise. He says the Federal Reserve and the Treasury Department are “corrupt entities,” but he doesn’t elaborate more on exactly why or what this has to do with the Bitcoin price.
At any rate, Kiyosaki is openly calling on investors for Bitcoin to drop 56% from November highs of $68,990. However, he does not say when he will buy other than waiting for the bottom. This is already difficult to predict considering price fluctuations. Kiyosaki, on the other hand, predicts that the price could drop below $10,000. Bitcoin has not returned to this level since summer 2020.
