The writer warned subscribers in X about the possible serious correction of bitcoin, due to which cryptocurrency could fall below $ 90,000. If this really happens, Kiyosaki promised to double his position in Bitcoin. Kiyosaki regards any decrease in the course of the first cryptocurrency as an opportunity to buy coins for a long time.
The writer called the main reason for the “curse of Bitcoin” a general macroeconomic situation. Kiyosaki mentioned the growing public debt of the United States, which reached $ 30 trillion. According to an experienced investor, the continuous printing of dollars, which greatly weakened the country’s financial system, is to blame. The reason for any collapse lies in the ineffective management of money, and not in the fundamental indicators of bitcoin, Kiyosaki said.
“Will Bitcoin collapse due to the“ August curse ”below $ 90,000? I hope yes. If it comes, and bitcoin collapses, I am ready to double my position. The problem is not in bitcoin. This problem is our multi -trillion duty and incompetent doctors of science, the US Federal Reserve and the Ministry of Finance, who are sitting in a “financial swamp”, ”the blogger wrote.
Despite the fact that Kiyosaki expects strong correction, Bitcoin is trying to recover. Now the BTC is traded at a level above $ 114 389, showing a daily growth of 0.39%. Bitcoin market capitalization is $ 2.2 trillion.
Recently, Kiyosaki said that he bets on three assets: gold, silver and bitcoin, which, in his opinion, can save the accumulation of investors from the economic crisis. Earlier, the investor called for investing not in exchange funds (ETF), but directly to the assets themselves.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
