The Author Of “Rich Dad Poor Dad” Is Waiting For Bitcoin To Return To $1,100

Robert Kiyosaki, the author of the bestselling financial literacy book “Rich Dad Poor Dad” and a popular Bitcoin and real estate investor, took to Twitter to make his new prediction about BTC price in the near future and share his buying plan.

Kiyosaki once again tweeted about “winners and losers,” saying that winners learn from their mistakes. As such, he expects the leading global cryptocurrency, Bitcoin, to fall further and is “waiting for Bitcoin to test $1,100.”

He said that if BTC recovers after that, he will buy more. Another option for him to buy, however, is to wait for the “paper hands”, whom he calls “losers”, to surrender.

In May, Kiyosaki indicated that BTC could bottom out at $9,000. The price of BTC was hovering around $30,000 at the time.

He explained that he was still bullish on Bitcoin because he sees the Federal Reserve and the Treasury Department as corrupt organizations. He also said that once he knows that the bottom is in, he will “back up the truck,” noting that “crashes are the best times to get rich.”

At the time of writing, BTC has now lost the $20,000 mark and is trading at $19,000.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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