Investor Kiyosaki predicts Bitcoin will fall to $60,000

Businessman and author of the book "Rich Dad Poor Dad," Robert Kiyosaki, expressed the belief that Bitcoin could plummet to a certain level as the cryptocurrency has "stalled" on its way to the $100,000 mark. He shared this in his social media microblog.

According to Kiyosaki's forecast, if the cryptocurrency does not break its new all-time high in the near future, investors should expect a significant drop in BTC to $60,000. However, the businessman does not see this scenario as a collapse of Bitcoin—instead, he views it as an opportunity to buy more coins for long-term holding.

Kiyosaki wrote that Bitcoin is stuck, unable to reach $100,000. This means BTC could drop to $60,000. If that happens, I won't sell my coins. On the contrary, I will buy more during the sale.

He also believes that in the coming months, the BTC price will rise significantly, and by 2025, the first cryptocurrency will be trading at $250,000.

Previously, Kiyosaki urged people to buy Bitcoins instead of wasting time and money on loans for education.