{"id":19102,"date":"2024-12-02T14:53:18","date_gmt":"2024-12-02T12:53:18","guid":{"rendered":"https:\/\/forklog.com\/en\/robert-kiyosaki-predicts-bitcoin-could-drop-to-60000\/"},"modified":"2024-12-02T14:53:18","modified_gmt":"2024-12-02T12:53:18","slug":"robert-kiyosaki-predicts-bitcoin-could-drop-to-60000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/robert-kiyosaki-predicts-bitcoin-could-drop-to-60000\/","title":{"rendered":"Robert Kiyosaki Predicts Bitcoin Could Drop to $60,000"},"content":{"rendered":"<p>The price of the leading cryptocurrency has &#8220;stalled&#8221; below the $100,000 mark and could plummet to $60,000, according to Robert Kiyosaki, author of the bestseller &#8220;Rich Dad Poor Dad&#8221; and entrepreneur.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">BITCOIN to CRASH<\/p>\n<p>Bitcoin is stalled short of $100k. That means BTC may crash to $60k.<br \/>If and when that happens I will not sell. BTC will be having a sale. I will buy more. <\/p>\n<p>I predict Bitcoin will settle around $250 in 2025. <\/p>\n<p>At this stage of the BTC process\u2026 price is not\u2026<\/p>\n<p>\u2014 Robert Kiyosaki (@theRealKiyosaki) <a href=\"https:\/\/twitter.com\/theRealKiyosaki\/status\/1863161721700982854?ref_src=twsrc%5Etfw\">December 1, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He intends to buy more bitcoins if the price falls. Kiyosaki believes the asset&#8217;s price will stabilize around $250,000 in 2025.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;At this stage of the process, the price is less important than the number of bitcoins acquired. I need more,&#8221; the investor stated.<\/p>\n<\/blockquote>\n<p>Analyst Willy Woo responded, noting that breaking $100,000 is &#8220;most likely to happen.&#8221; However, if a crash occurs, the next support level would be $70,000.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Buy every dip here on in.<\/p>\n<p>But currently looking like blasting past 100k is going to happen.<\/p>\n<p>70k is immense support if all markets crash.<\/p>\n<p>\u2014 Willy Woo (@woonomic) <a href=\"https:\/\/twitter.com\/woonomic\/status\/1863286039936372892?ref_src=twsrc%5Etfw\">December 1, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>A day before his prediction, Kiyosaki himself forecasted the &#8220;imminent&#8221; surpassing of $100,000. He again urged the purchase of digital gold, as the asset will become accessible only to the &#8220;ultra-rich, such as corporations, banks, and state funds&#8221; as its price rises.<\/p>\n<p>In November, the entrepreneur revealed he owns 73 BTC and plans to increase his portfolio to 100 BTC within a year.<\/p>\n<h2 class=\"wp-block-heading\">Most Bet on Continued Rally<\/h2>\n<p>At the time of writing, Bitcoin is showing a slight correction, having retreated from the $98,000 level. The cryptocurrency is trading around $94,900.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"617\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-12-02_14-00-22-1024x617.png\" alt=\"BTCUSDT_2024-12-02_14-00-22\" class=\"wp-image-246523\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-12-02_14-00-22-1024x617.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-12-02_14-00-22-300x181.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-12-02_14-00-22-768x462.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2024-12-02_14-00-22.png 1327w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of BTC\/USDT on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSDT\/?exchange=BINANCE\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Bitcoin Archive authors noted that for six months, digital gold has started the month with a dip, followed by a rebound each time.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">FYI \u2014 <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> has dipped at the start of every month for 6 months before bouncing back each time. <a href=\"https:\/\/t.co\/zDDwKToFGc\">pic.twitter.com\/zDDwKToFGc<\/a><\/p>\n<p>\u2014 Bitcoin Archive (@BTC_Archive) <a href=\"https:\/\/twitter.com\/BTC_Archive\/status\/1863543173856841884?ref_src=twsrc%5Etfw\">December 2, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier, CryptoQuant analysts warned of a local peak formation and a potential end to the cryptocurrency rally based on five key indicators.\u00a0<\/p>\n<p>Some experts remain confident in the continuation of the bull market, highlighting December&#8217;s historically favorable conditions for Bitcoin and the reduction of BTC balances on leading exchanges.<\/p>\n<p>YouTuber Crypto Rover believes the cryptocurrency has broken upwards from a &#8220;converging triangle&#8221; pattern and entered a growth zone.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> is breaking out!? <a href=\"https:\/\/t.co\/w3hwryyr8L\">pic.twitter.com\/w3hwryyr8L<\/a><\/p>\n<p>\u2014 Crypto Rover (@rovercrc) <a href=\"https:\/\/twitter.com\/rovercrc\/status\/1863116320289743013?ref_src=twsrc%5Etfw\">December 1, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>PlanB, the creator of the contentious Stock-to-Flow model for Bitcoin, reiterated his forecast of a $150,000 price in December. The analyst believes the driver will be an increased inflow of funds into spot BTC ETFs.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">\u2705 Oct: BTC 70k<br \/>\u2705 Nov: BTC 100k (actually $99.8k ATH but close enough + largest $26k monthly candle ever!)<br \/>\u2b1c\ufe0f Up next: Dec 150k ?? <a href=\"https:\/\/t.co\/ltmBQ03toe\">https:\/\/t.co\/ltmBQ03toe<\/a> <a href=\"https:\/\/t.co\/4exUia868Y\">pic.twitter.com\/4exUia868Y<\/a><\/p>\n<p>\u2014 PlanB (@100trillionUSD) <a href=\"https:\/\/twitter.com\/100trillionUSD\/status\/1863158866453622846?ref_src=twsrc%5Etfw\">December 1, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Analysts at ARK Invest have previously set a price target for Bitcoin in the range of $104,000-$124,000 by the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of the leading cryptocurrency has &#8220;stalled&#8221; below the $100,000 mark and could plummet to $60,000, according to Robert Kiyosaki, author of the bestseller &#8220;Rich Dad Poor Dad&#8221; and entrepreneur. BITCOIN to CRASH Bitcoin is stalled short of $100k. That means BTC may crash to $60k.If and when that happens I will not sell. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19101,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,1150,1147],"class_list":["post-19102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-news-plus","tag-robert-kiyosaki"],"aioseo_notices":[],"amp_enabled":true,"views":"43","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=19102"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19102\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/19101"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=19102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=19102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=19102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}