Financial author Robert Kiyosaki has suggested that the BTC price could crash to $60,000 as it struggles to breach the $100,000 milestone.

The “Rich Dad Poor Dad” author’s analysis comes amid increasing market speculation about Bitcoin’s (BTC) next major price movement.

Kiyosaki shared his market perspective through X and stated that any potential downturn would represent a buying opportunity rather than a cause for concern.

However, he maintained an optimistic long-term outlook. Kiyosaki stated that Bitcoin could reach approximately $250,000 by 2025.

He stated that his investment strategy is focused on accumulation rather than price speculation.

In a previous statement from Nov. 30, Kiyosaki warned that once Bitcoin surpasses $100,000, it could become increasingly inaccessible to middle-class and lower-income investors.

He suggests that institutional investors, including corporations, banks, and sovereign wealth funds, would then dominate Bitcoin acquisition.

Contrasting viewpoints emerge

Thomas Lee, Chief Investment Officer at Fundstrat Capital, presents a more immediately bullish perspective.

In a recent discussion with SkyBridge founder Anthony Scaramucci, Lee emphasized the importance of the recent halving cycle, w

Go to Source to See Full Article
Author: Vignesh Karunanidhi

BTC NewswireAuthor posts

BTC Newswire Crypto News at your Fingertips

Comments are disabled.