Robert Kiyosaki, the author of Rich Dad Poor Dad, has made a bold prediction about Bitcoin. He believes the price of Bitcoin could “drop” to $60,000 in the short term but might go up to $250,000 by 2025.
Kiyosaki shared his thoughts on X (formerly Twitter), saying, “Bitcoin is stuck below $100k. That means it might drop to $60k. If that happens, I won’t sell. Bitcoin will be on sale. I will buy more.” He mentioned that the price of Bitcoin right now is less important than the chance to buy more when the price goes down.
Bitcoin is now priced around $96,500, just under its highest price ever of $99,655, after bouncing back from a dip to $90,770. As Bitcoin approaches $100,000, people are getting more excited about what might happen next.
Expert Opinions
Edul Patel, CEO and Co-Founder of Mudrex, said Bitcoin’s recent rise is due to more big companies getting involved and better attitudes towards it around the world. He pointed out that countries like China and Morocco have made their cryptocurrency rules easier, which could help Bitcoin grow even more.
Patel also said that while some people might sell their Bitcoin for profit during a price rise, these drops often lead to bigger increases later.
Sathvik Vishwanath, Co-Founder and CEO of Unocoin, agreed with Patel but warned that Bitcoin might fall in price in the short term. He believes Bitcoin could rise above $100,000 and reach $113,000 or $125,000 if things go well. But if it drops below $90,000, people might start selling for profit.
A Positive Outlook
Though there may be some ups and downs in the short term, many people still believe Bitcoin has a bright future. Kiyosaki’s prediction of $250,000 by 2025 shows that he is confident Bitcoin will keep growing in the global economy.
(Disclaimer: The opinions expressed by the experts are their own and do not reflect the views of this publication.)
