Robert Kiyosaki Predicts Bitcoin Could Drop to $60,000, But He’s Not Selling
Bitcoin’s recent struggle to surpass the critical $100,000 mark has sparked a bold prediction from Robert Kiyosaki, the author of the best-selling personal finance book Rich Dad Poor Dad.
The renowned entrepreneur and investor believes that Bitcoin could face a significant drop, potentially falling as low as $60,000.
Despite this forecast, Kiyosaki is standing firm in his belief in the cryptocurrency's long-term potential and plans to buy more if the price dips.
The $100,000 Barrier and What Comes Next for Bitcoin
Kiyosaki has been vocal about Bitcoin’s price movements, noting that its failure to break through the $100,000 threshold may signal a deeper correction.
With the cryptocurrency’s price currently hovering just below $100,000—around $96,305.64, according to CoinGecko—there are signs that Bitcoin’s momentum is slowing.
However, Kiyosaki remains unfazed, stating in his latest X post:
“If and when that happens, I will not sell. BTC will be having a sale. I will buy more.”
His confidence in Bitcoin remains strong, and he is positioning himself to take advantage of any price declines as a buying opportunity.
Bitcoin’s Market Volatility and Price Predictions
Despite the uncertainty in Bitcoin’s current market performance, with the cryptocurrency recently reaching an all-time high of $99,800 before retreating to $90,742, Kiyosaki’s long-term outlook remains bullish.
He believes that, rather than focusing on short-term fluctuations, investors should prioritise accumulating as much Bitcoin as possible.
He emphasised in the same social media post:
“At this stage of the BTC process… price is not as important as how many BTC you acquire. I want more BTC.”
His broader investment philosophy focuses on long-term growth rather than worrying about day-to-day price changes.
Bitcoin to hit $250,000 by 2025?
Kiyosaki’s confidence in Bitcoin’s potential isn’t just based on the current market, but also on his long-term projections.
He forecasts that Bitcoin could stabilise at around $250,000 by 2025, with its price becoming less of a concern as the digital currency matures.
This prediction adds to his growing reputation as a vocal advocate for Bitcoin, echoing his earlier support for MicroStrategy CEO Michael Saylor’s even more ambitious prediction of $13 million per Bitcoin.
A Bold AI Prediction of Bitcoin’s Rise
In addition to his own insights, Kiyosaki recently revealed that an undisclosed artificial intelligence (AI) model has predicted an even more dramatic rise for Bitcoin.
According to Kiyosaki, the AI model forecasts that Bitcoin could soar to a staggering $500,000 by 2025.
This adds an extra layer of intrigue to his bullish stance and suggests that Kiyosaki sees Bitcoin as not just a digital asset but a revolutionary force in the world of finance.
The Verdict: Kiyosaki Sticks to His Bitcoin Strategy
While market fluctuations may cause some investors to second-guess their positions, Kiyosaki’s approach remains resolute.
With Bitcoin’s value still riding high near $100,000 and a potential drop on the horizon, Kiyosaki’s focus is squarely on the long-term picture.
His strategy is simple: hold onto Bitcoin, accumulate more, and prepare for future growth, no matter how the market moves in the short term.