Rich Dad Poor Dad’s Robert Kiyosaki thinks Bitcoin could hit bottom at $9K.

Robert Kiyosaki, famous author of the bestselling book Rich Dad Poor Dad, explains why he is still optimistic about Bitcoin. He said he is waiting for the cryptocurrency to test a new floor before entering, which could be as low as $9,000.

Kiyosaki believes Bitcoin price could drop to $9K.

Robert Kiyosaki, author of Rich Dad Poor Dad, is still optimistic about Bitcoin. He is waiting for the price. BTC To test the new floor before entering.

Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for over six years. The book has sold more than 32 million copies in more than 109 countries and in more than 51 languages.

“I am optimistic about the future of Bitcoin,” Kiyosaki tweeted on Wednesday. He added that he is waiting to test a new floor, suggesting that Bitcoin could be $20,000, $14,000, $11,000 or $9,000.

The famous writer explained why he is still optimistic about Bitcoin. The Fed and the Treasury are corrupt organizations and will self-destruct before they regain their honesty, integrity and moral compass, Kiyosaki explained.

Rich Dad Poor Dad's Robert Kiyosaki Thinks Bitcoin Could Hit Bottom At $9K — Why He's Still Bullish

Last week, Kiyosaki tweeted that he was waiting for the bottom before diving into bitcoin. At the time, he expected the bottom to be around $17,000, but later said it could be lower at $11,000.

This is not the first time Kiyosaki has expressed distrust of the Biden administration, the Treasury and the Fed. A well-known author has been recommending Bitcoin to investors for quite some time.

In March, Kiyosaki criticized President Biden for causing inflation, saying the US dollar was about to collapse. He has gold, silver, bitcoin (BTC), Ethereum (ETH), and Solana (SOL) as an investment at the time.

However, Kiyosaki has previously warned that there are no problems with cryptocurrencies. He warned that the government would eventually confiscate all cryptocurrencies and fold them into government cryptocurrencies. Nevertheless, he said the Russian-Ukrainian war is “making cryptocurrencies a safer haven than government counterfeiting.”

What do you think of Robert Kiyosaki’s comments? Let us know in the comments section below.

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Kevin Helms

An Austrian economics student, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects, and the intersection of economics and cryptography.

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