“Rich Dad, Poor Dad” Author is looking forward to Bitcoin price hitting $12,000 – $10,000
Robert Kiyosaki, a well-known real estate, gold, and bitcoin investor and a nonfiction author best known for his book “Rich Dad, Poor Dad,” which popularizes financial literacy, has sent yet another supportive tweet regarding bitcoin. According to Kiyosaki, the present decline in Bitcoin price doesn’t worry him in the least. Instead, he is becoming energized.
Robert Kiyosaki is the New York Times best-selling author
Robert Kiyosaki shares one more positive opinion about Bitcoin as its price keeps dropping
Robert informed his army of supporters that in addition to physical gold and silver, he also invests in Bitcoin. In the 1990s, he began his investing career with real estate, but in a recent tweet, he claimed that this commodity was no longer valuable and that he now preferred Bitcoin. Since the pandemic’s beginning in 2020, when the U.S. government printed more than $6 trillion and distributed it to Americans as “survival checks,” Kiyosaki has tweeted supportive messages regarding BTC. He then said that Bitcoin should survive, whereas the USD should die.
In his tweet from today, Kiyosaki stated that he anticipates Bitcoin’s bottom to be between the $12,000 and $10,000 range. As he is betting on Bitcoin against the U.S. Federal Reserve and U.S. Treasury, he continued, he will feel “happy, not concerned” when this occurs.
BITCOIN? WORRIED? No. I am a Bitcoin investor as I am an investor in physical gold, silver, & real estate. I am NOT A TRADER or flipper. When BITCOIN hits new bottom, $10 to $12 k? I will get EXCITED, not worried. I bet against the Fed,Treasury, Biden, & bet on G,S, & Bitcoin.
— therealkiyosaki (@theRealKiyosaki) November 11, 2022
The Federal Reserve, the central bank of the United States, has been implementing hawkish policies this year to control inflation, including raising interest rates. Each of these rate increases impacted the price of bitcoin, keeping it below or close to the $20,000 mark.
Read more:
- Bitcoin Price Rose, Reversing A Three-Day Slump As The CPI Released Showed Inflation In The U.S. Slowed In October
- Veteran Trader Peter Brandt Still Has A Lot Of Hope For Bitcoin Price, Despite Plunge Below $16,000
- Fundstrat’s Mark Newton Believes That Bitcoin Price Could Slip Below The $10,000 Level