Robert Kiyosaki is the famous author of Rich Dad Poor Dad. He believes that bitcoin could crash to $17K. He believes that the cryptocurrency will win because America is led primarily by three stooges. He recommends bitcoin to investors along with gold and silver.
Kiyosaki Believes Bitcoin could Test the Bottom at $17K
Robert Kiyosaki is the author of Rich Dad Poor Dad. He shared his current price expectations and future outlook for Bitcoin. Rich Dad Poor Dad was co-authored in 1997 by Kiyosaki, Sharon Lechter and others. For six years, it has been on The New York Times Best Sellers List. The book has been translated into more than 51 languages in more than 109 different countries.
Kiyosaki tweeted that bitcoin was crashing, and that he’s waiting for it to drop to $20K. He said that he would then wait for BTC, which could be at $17K to see if the bottom is reached, before buying. He advised that “crash is the best time to get rich.”
In January, the Rich Dad Poor Dad author stated that he would buy more bitcoin “if and whenever BTC passes $20K.”
The tweet by Kiyosaki came as the crypto market was reeling from the terrausd(UST) fiasco. Bitcoin is currently trading at $29 289 as of the writing. This represents a drop of 2% over 24 hours, 20% over seven days and 27% over one month.
Kiyosaki Believes that Bitcoin Will Win
Kiyosaki tweeted Wednesday to explain why he believes “Bitcoin” will win, despite the falling BTC prices. He wrote that Bitcoin will win because America is led “by the 3 stooges” and added that the first was President Joe Biden. He stated that the Treasury Secretary Janet Yellen is the second stooge, while the Federal Reserve Chairman Jerome Powell is the third. Famous author: “I trust Bitcoin, not the 3 Stooges.”
It wasn’t the first time Kiyosaki expressed distrust in the Biden administration Wall Street and the Fed. He also recommends that investors invest in bitcoin for a long time.
The famous author stated last month that the largest bubble was about to burst. He called Wall Street, the Federal Reserve, the government “thieves” and also stated that depression and hyperinflation are now. He recommended that investors invest in gold, silver and bitcoin.
Kiyosaki claimed that the U.S. Dollar was in danger of collapsing and blamed President Biden for creating inflation. He suggested silver, gold, and bitcoin ( TCH), as well as ethereum( ETH) and solana, (SOL).
But, Kiyosaki’s view on crypto is not all good. He also predicted that the government would eventually seize all cryptocurrency and make them into government crypto. However, he stated that crypto is “giving birth to government fake fiat money” and that the Russia-Ukraine conflict is “giving rise”.
