Bitcoin Updates: Kiyosaki Trades BTC for Steady Earnings During Crypto Slump, Promises Future Repurchase
- Robert Kiyosaki sold $2.25M in Bitcoin at ~$90,000/coin to fund surgery centers and billboards, aiming for $27,500/month tax-free income by 2026. - The sale occurred amid Bitcoin's 33% drop from $126K peak, with the Crypto Fear & Greed Index hitting a multi-year low of 11. - Kiyosaki insists this is tactical cash flow generation to reaccumulate BTC, maintaining $250K/2026 and $27K/ounce gold price targets. - Market analysts remain divided on Bitcoin's trajectory, with some citing ETF outflows as short-te
Robert Kiyosaki, the well-known author of Rich Dad, Poor Dad and a prominent
This transaction, which Kiyosaki revealed on X and was covered in several reports, comes at a time when Bitcoin is experiencing one of its sharpest declines in recent memory. The price briefly fell below $85,000 earlier in the week, hitting a low of $80,537 before recovering to around $84,000.
Experts remain split on where Bitcoin is headed in the short term. Seasoned trader Peter Brandt anticipates a $200,000 price by the third quarter of 2029, while analysts at Bitfinex suggest that the recent record withdrawals from Bitcoin ETFs are more about short-term trading than any fundamental weakness
Kiyosaki’s actions underscore the balance between holding high-volatility assets for potential long-term rewards and seeking stable income during uncertain markets. His approach has sparked a range of opinions:
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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