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Robert Kiyosaki predicted the fall of Bitcoin to $17,000

by Vaibhav
May 13, 2022
in Special Projects
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Robert Kiyosaki predicted the fall of Bitcoin to $17,000
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Bestselling author of Rich Dad Poor Dad and entrepreneur Robert Kiyosaki called the Bitcoin crash “great news” and predicted a test of the $17,000 level.

BITCOIN CRASHING. great news. As stated in previous Tweets I am waiting for Bitcoin to crash to 20k. Will then wait for test of bottom which might be $17k. Once I know bottom is in I back up the truck. Crashes are best times to get rich. take care.

— therealkiyosaki (@theRealKiyosaki) May 12, 2022

“As I said earlier, I’m waiting for Bitcoin to fall to $20,000. Then we’ll wait for a test of the bottom, which could be at $17,000. Once that happens, I’ll go big.” Crises are the best time to get rich,” he said.

Earlier, the entrepreneur explained why he is confident in the long-term success of digital gold:

See also  Arthur Hayes predicted a continuation of the Bitcoin price correction

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“Bitcoin will win because America is led by three puppets.”

Among the latter, he ranked US President Joe Biden, Treasury Secretary Janet Yellen and head Fed Jerome Powell.

Q: Why will BITCOIN win? A: BITCOIN will win because America is led by the 3 STOOGES. Stooge #1 President Biden. Stooge #2 Secretary of Treasury Yellen. Stooge #3 Fed Chairman Powell. I trust BITCOIN not the 3 Stooges.

— therealkiyosaki (@theRealKiyosaki) May 11, 2022

In 2020, Kiyosaki said that the price of bitcoin will reach $75,000 in three years as the Fed’s incompetence is “killing the US economy.” The cryptocurrency approached the announced mark already in November 2021, fixing a historical maximum at the level of $69,000.

See also  Peter Schiff: It's Better to Sell Bitcoin Now and Buy Cheaper Later

On May 13, bitcoin quotes recovered to above $30,000 after a sharp fall. Earlier, a well-known supporter of gold and a critic of the first cryptocurrency, Peter Schiff, called it “highly likely” that the quotes would fall to $10,000.

Recall that in January, Bloomberg Intelligence senior commodities strategist Mike McGlone predicted a rise in bitcoin to $100,000 in 2022.

However, fintech experts who took part in the Finder survey concluded that by the end of the year, cryptocurrency quotes will reach $65,000.

See also  Peter Brandt marks the end of Dogecoin's bearish trend

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