Famous investor and also popular finance writer Robert Kiyosaki made another positive statement about Bitcoin. Kiyosaki said that he is not at all worried about the current drop in the BTC price, but rather excited.
Robert reminded his followers that he invested in Bitcoin as well as physical gold and silver. He started his investment career in real estate in the 1990s, but in one of his recent tweets he said that this asset is no longer good and now prefers Bitcoin instead.
Overall, Kiyosaki has been tweeting positive things about BTC since 2020 and praising it many times when the pandemic started, the US government minting more than $6 trillion that year, giving it to Americans in the form of “survival checks”. He said that at the time, the USD was dead, but Bitcoin would continue to exist.
In today’s tweet, Kiyosaki hinted that he is looking forward to Bitcoin hitting the bottom and that he expects it to be between the $12,000 and $10,000 levels. He said that when that happens, he will be “excited, not worried” as he is betting on Bitcoin against the US Federal Reserve and the US Treasury.
This year, the US central bank, the Federal Reserve, took hawkish measures to rein in inflation; raised interest rates. Each of these rate hikes has impacted the Bitcoin price by keeping it below or around the $20,000 price level.