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  • 03 Dec 24

Robert Kiyosaki thinks Bitcoin could crash to $60K

Robert Kiyosaki, the author of the popular book Rich Dad, Poor Dad, has stated that Bitcoin could fall to $60,000.

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Robert Kiyosaki, the author of the popular book Rich Dad, Poor Dad, has stated that Bitcoin could fall to $60,000. However, he described this potential drop as temporary and views it as a buying opportunity. Should investors be worried? Let’s discuss.

Kiyosaki emphasized that the current price of the cryptocurrency is less important than the amount held by investors. He justified this by predicting that Bitcoin’s value could stabilize at $250,000 by 2025.

Not everyone shares Kiyosaki’s pessimism. Analyst Willy Woo expressed confidence in Bitcoin’s growth potential, stating:

"Buy every dip. Breaking the $100,000 mark is inevitable."

He also noted that the $70,000 level would serve as strong support, even in the event of market crashes.

Other participants in the discussion see the price decline as a temporary correction. One trader commented that a drop to $70,000 would be the best buying opportunity, suggesting that "this bull market will surpass all previous cycles."

The main advice from experts is to stay calm, even if prices temporarily decrease. For those planning long-term investments, such dips could offer the chance to acquire assets "at attractive prices."

This post is for informational purposes only and does not constitute advertising or investment advice. Please conduct your own research before making any decisions.

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