Follow Us @
Bitcoin will fall to US$60,000, analyst points out
-Trending Marketing news, content marketing, latest Ways to rank your website, marketing discoveries, Local SEO, seo and social media marketing services. enjoy your stay on our website.
Author and investor Robert Kiyosaki, known worldwide for the best-seller Rich Dad, Poor Dadonce again shared his analysis of the cryptocurrency market.
He predicts a possible drop in Bitcoin’s price to $60,000 before reaching much higher values in the long term. On Sunday, Kiyosaki used the social network X to alert investors about this potential correction in the price of the cryptocurrency.
In his publication, he highlighted: “Bitcoin is stuck below US$100,000. This means BTC could fall to $60K.”
Despite the warning, the author maintains his optimism regarding the future of the asset. He stated that he will not sell his bitcoins if the drop happens. On the contrary, it considers this possible devaluation an opportunity to increase its position in the market.
Bitcoin will fall
“If and when that happens, BTC will be in liquidation. I will buy more,” he wrote.
Kiyosaki also reinforced his confidence that Bitcoin will reach US$250,000 by 2025. For him, the main focus of investors should be on the quantity of bitcoins acquired, regardless of the current price.
“At this stage, price is not as important as how many BTC you acquire. I want more BTC,” he stated.
These new comments follow his ongoing recommendation for investors to protect their wealth against the devaluation of fiat currencies. He suggests purchasing bitcoin, gold and silver as alternatives to preserve purchasing power amid global economic uncertainty.
Last week, Kiyosaki also predicted that Bitcoin will surpass $100,000 soon. He warned that, at this point, only the ultra-rich will be able to purchase the cryptocurrency in significant quantities.
Kiyosaki’s stance on Bitcoin reflects his long-term view. He has already predicted impressive values for the digital currency, including $10 million, citing concerns about US debt and the devaluation of the dollar. These statements reaffirm their belief that Bitcoin will become an essential asset in the global financial system, offering solid protection against economic crises.
Bitcoin will fall to US$60,000, analyst points out
Follow TODAYSGIST on Google News and receive alerts for the main trending SEO news, Ai news, latest Ways to rank your website, marketing discoveries, Local SEO and lots more!
Bitcoin will fall to US$60,000, analyst points out
SHARE POST AND EARN REWARDS:
Did you like this post?!!! Join our Audience reward campaign and make money reading articles, shares, likes and comment >> Join reward Program
FIRST TIME REACTIONS:
Bitcoin will fall to US$60,000, analyst points out
Be the first to leave us a comment, down the comment section. click allow to follow this topic and get firsthand daily updates.
JOIN US ON OUR SOCIAL MEDIA: << FACEBOOK >> | << WHATSAPP >> | << TELEGRAM >> | << TWITTER >
Bitcoin will fall to US$60,000, analyst points out
