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Cryptopolitan 2024-12-01 13:19:24

Robert Kiyosaki predicts Bitcoin crash days after $500k AI prediction

Famous author of the best-selling finance book Rich Dad Poor Dad, Robert Kiyosaki has made a new Bitcoin prediction. According to Kiyosaki, Bitcoin is primed for a crash. He made the prediction days after his initial AI-fuelled prediction of Bitcoin hitting $500,000 by 2025. He took to his handle on microblogging platform X to reveal to his 2.6 million followers the situation surrounding the leading digital asset. Kiyosaki, a vocal supporter of Bitcoin, has always called on American citizens, especially the ones active in the crypto market to purchase Bitcoin. There is a consensus that the crypto is now down from its Trump-fuelled surge since early November, and speculation has grown about what will happen next for the asset. Initially tied to the situation surrounding Trump’s win at the polls, analysts have said the asset could maintain its momentum till next year. Robert Kiyosaki makes sensational Bitcoin price prediction In his post on X, Kiyosaki highlighted Bitcoin’s situation, explaining why he predicted an implosion. Kiyosaki maintains that he is still an avid Bitcoin believer even though he expects the asset to go down. Kiyosaki said that since the asset has tried to breach the $100,000 mark without success, the next move is a downward spiral. He cited historical instances when bears overtook the Bitcoin market as he said BTC could drop to as low as $60,000. 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 However, he assured his users they should not be dismayed as he won’t sell even if it happens. He noted that instead, he will take advantage of the “Bitcoin sale” to purchase more units of the digital asset . Updating his prediction, Kiyosaki revealed the asset may do well and settle around $250,000 in 2025. He also said that users should stop dwelling on the asset’s price, urging them to keep stacking up as much as possible. “At this stage of the BTC process… price is not as important..as how many BTC you acquire. I want more BTC,” he said. Kiyosaki’s past bold BTC predictions and market reaction Robert Kiyosaki has built a reputation around his support for Bitcoin and assets like gold and silver. The famous author has always held his stance against traditional money, arguing the disadvantages of holding it. While his credibility has not been called into question, Kiyosaki has certainly made audacious Bitcoin predictions in his campaign for the leading digital asset. For instance, he predicted last year that Bitcoin would hit $350,000 by August, a prediction that did not happen. Again this year, Kiyosaki made a bold prediction noting that Bitcoin will hit $1 million by 2030. He revealed that the surge will be driven by artificial intelligence (AI), and it will be frightening. So far, his predictions have been wide of the mark, and his bullish stance has failed to align with reality. Meanwhile, some of his followers have voiced their opinion over his constant predictions. One said they no longer take Kiyosaki seriously due to his ever-changing predictions. “I just can’t take this guy seriously anymore. His constantly changing opinions on crypto, gold, silver, and all this back-and-forth—crash, no crash, bullish, not bullish—are exhausting,” the user said. They added that it’s just clickbait in a discussion with another user who said Kiyosaki is only two years old in the Bitcoin market. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap

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