Bitcoin

when

<ul class="wp-block-list">
 <li>Kiyosaki has long advocated for Bitcoin as a means to escape the effects of USD.</li>
 <li>Robert now has 73 BTC and aspires to reach 100 BTC, according to the most recent disclosure.</li>
</ul>
The bold statements made by <a href="https://thenewscrypto.com/robert-kiyosaki-warns-dont-be-left-behind-as-bitcoin-could-break-100k/" target="_blank" rel="noopener noreferrer nofollow">Robert Kiyosaki</a> on the US government, the Fed, and the financial market have earned him a legendary reputation. He has a lengthy history of ties to the cryptocurrency sector and has long advocated for Bitcoin as a means to escape the poverty-inducing effects of fiat currency and the <a href="https://thenewscrypto.com/september-federal-reserve-meeting-expected-to-see-25-basis-point-rate-cut-as-traders-bet/" target="_blank" rel="noopener noreferrer nofollow">Federal Reserve</a>.
In spite of his unwavering faith in <a href="http://bitcoin.org" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a>, he has never shied away from predicting its price, particularly when it comes to its decline; for example, he recently said that BTC may plummet to $60,000 despite its current position near $100,000.
<h3 class="wp-block-heading" id="h-banking-on-bitcoin">Banking on Bitcoin</h3>
Robert now has 73 BTC and aspires to reach 100 BTC, according to the most recent disclosure. That will happen when he waits for a negative time or when the price of bitcoin drops significantly. Curiously, Robert Kiyosaki has long predicted that the US economy would fail, bringing down almost every financial firm.
This will cause the worst financial market meltdown ever in due time. But when it will happen is anybody’s guess. Robert thinks momentum is gathering and it will happen shortly.
Whatever the case may be, he has weighed in on the same, this time speculating that Bitcoin’s pause around $100,000 might portend a decline to $60,000 in value. But instead of being scared about a Bitcoin meltdown, he’s pleased since it’s a sale and he can purchase more Bitcoins.
The price of bitcoin has been skyrocketing since Donald Trump’s victory in the US election; at the moment, it is trading at $95,189, close to $100,000.
Highlighted Crypto News Today:
<a href="https://thenewscrypto.com/is-microsoft-the-missing-piece-in-bitcoin-100k-puzzle/" target="_blank" rel="noopener noreferrer nofollow">Is Microsoft the Missing Piece in Bitcoin $100K Puzzle?</a>

Robert Kiyosaki Predicts Massive Bitcoin Price Drop Soon

Table of Contents

TheNewsCrypto

Other articles published on Dec 2, 2024

HBAR and KAIA Surge as Litecoin, EOS, and VeChain Show Strength

Teresa Goody Guillén Considered for SEC Chair Amid Trump’s Pro-Crypto Push

XRP Surges to All-Time High, Becomes the Third Largest Cryptocurrency by Market Cap

Who’s Going to Win the Race As BTFD Coin Dominates While Snek and Memecoin Chase the Spotlight? D...

Cryptopia Dev Update - December 2024

Crypto Prices Today, December 2: XRP and Hedera Lead Crypto Gains as BTC Tests $100K Resistance

Join our free newsletter for daily crypto updates!