Chances of Bitcoin Price Returning to $60,000 According to Robert Kiyosaki

Bittime - Predictions about Bitcoin prices continue to emerge. One thing that attracts attention is the view of Robert Kiyosaki, the author of the book Rich Dad Poor Dad. 

According to him, Bitcoin prices have a chance to return to the $60,000 level before surging to higher figures. Read this article to find out more!

Bitcoin Price Prediction According to Robert Kiyosaki

Robert Kiyosaki mentioned that if Bitcoin prices fall, this is a golden opportunity to buy more. For him, lower prices are an opportunity, not a reason to panic. 

Robert's strategy is to accumulate long-term assets, without being too affected by daily price fluctuations. He is also optimistic that by 2025, Bitcoin could reach $250,000, as adoption becomes more widespread in various circles.

Bitcoin Price Prediction: Reaches $100,000 Level

Robert Kiyosaki warned that once Bitcoin passes the psychological $100,000 level, the asset is likely to become increasingly difficult to access for middle and lower class investors. 

This is due to the dominance of institutional investors such as banks, large corporations and sovereign wealth funds which are expected to massively increase Bitcoin acquisitions.

Bitcoin Price Prediction According to Thomas Lee 

Meanwhile, Thomas Lee, Chief Investment Officer at Fundstrat Capital, has a slightly different view. He emphasized the importance of cycles halving Latest Bitcoin.

According to Thomas Lee, this halving will push Bitcoin towards $100,000 in the near future. He is even more optimistic and predicts Bitcoin prices could surpass $250,000 in the next 12 months.

Bitcoin Price Prediction: Government Adoption 

Thomas Lee also highlighted the impact of the US government's adoption of Bitcoin. If Bitcoin is recognized as a strategic reserve asset, as the company MicroStrategy did, this could change its position in the market significantly. 

This adoption will not only strengthen Bitcoin's legitimacy, but also increase its investment value dramatically. 

With the pro-Bitcoin approach of the incoming administration, Thomas Lee believes that institutional support will be the main driver of Bitcoin price increases.

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Bitcoin FAQ

What are Bitcoins?

Bitcoin is the world's first crypto asset and the largest crypto asset by market capitalization. Bitcoin was first created in 2009 by Satoshi Nakamoto, whose true identity until now no one knows.

How many Rupiah is 1 BTC?

Currently, 1 BTC is worth IDR 1,527,186,120 based on the Bittime market. 

1 BTC How much is USD?

Currently, 1 BTC is worth $95,492.50 according to Coinmarketcap. 

How to Buy Crypto di Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Additionally, visit Bittime Blog to get various interesting updates and educational information about the world of crypto. Find trusted articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your knowledge in the world of crypto.

Reference

Vignesh Karunanidhi, Bitcoin to crash? Robert Kiyosaki predicts BTC plunges to $60k, accessed December 3, 2024.

Coin Market Cap, Coin Market Cap Bitcoin Currency, accessed December 3, 2024.

Author: IPR