Robert Kiyosaki awaits Bitcoin to drop to $1,100

BTC/USD Like Stocks!? Bitcoin Is Awaiting Inflation

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Exchange Rates 30.06.2022 analysis


While Bitcoin is trying to hold the $20,000 price mark, "Rich Dad Poor Dad" author Robert Kiyosaki is waiting for the $1,100 price level.

With many investors arguing about where the next price bottom will be after the massive crypto sell-off in June, Kiyosaki has set his level.


Exchange Rates 30.06.2022 analysis


In a tweet on Tuesday, Kiyosaki wrote that he loves Bitcoin because he does not trust the Federal Reserve, the US Department of the Treasury, and Wall Street. And that his goal is to buy more of the world's largest cryptocurrency.

When Bitcoin began to fall in May, Kiyosaki called it great news and predicted that the price would drop to $20,000. He added that he would wait for a test of $17,000, and if he realized that this was the bottom, he would start buying it. "Crashes are the best time to get rich," he noted.


Exchange Rates 30.06.2022 analysis


Something very similar happened when Bitcoin briefly touched a low of $17,000 on June 18.

In mid-June, Kiyosaki also gave investment advice on how to survive this highly inflationary environment, advising his followers to stock up on canned tuna. He is also a big fan of gold, silver, and Bitcoin.

"Best INVESTMENT: Cans of Tuna Fish. Inflation about to take off. Best investments are cans of tuna & baked beans. You can't eat gold, silver, or Bitcoin. You can eat cans of tuna and baked beans. Food most important. Starvation next problem. Invest in the solution. Take care," he said in a tweet.

In May, Robert also warned of a global catastrophe that had been looming for years. "Desperate leaders will do desperate things. World War coming? God have mercy on us. Save gold, silver, Bitcoin, food, guns, and bullets," he said.


Exchange Rates 30.06.2022 analysis


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BTC/USD Like Stocks!? Bitcoin Is Awaiting Inflation

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