Robert Kiyosaki Predicts Bitcoin Could Plunge to $60K, but Long-Term Outlook Remains Bullish

Financial expert and author of Rich Dad Poor Dad, Robert Kiyosaki, has made a bold prediction about Bitcoin's future price, suggesting that the cryptocurrency could experience a significant downturn, potentially crashing to $60,000 as it struggles to break the $100,000 threshold. Despite this, Kiyosaki maintains an optimistic long-term outlook, viewing any potential drop as a buying opportunity rather than a cause for concern.

Bitcoin's Struggle at the $100K Mark

In a recent post on X, Kiyosaki shared his thoughts on Bitcoin's current market movement, explaining that the cryptocurrency is finding it difficult to surpass the critical $100,000 mark. He expressed concern that Bitcoin’s failure to break this resistance level could lead to a significant price correction, bringing it down to around $60,000.

However, Kiyosaki reframed the potential downturn as a chance to accumulate more Bitcoin. “If and when that happens, I will not sell. BTC will be having a sale. I will buy more,” he stated, emphasizing his long-term investment strategy focused on accumulation rather than short-term speculation.

Despite the possibility of a price decline in the near future, Kiyosaki remains steadfast in his belief that Bitcoin’s value will grow significantly over the long term. In his forecast, he predicts that by 2025, Bitcoin could reach an impressive $250,000.

Concerns Over Bitcoin's Accessibility for Smaller Investors

In addition to his price predictions, Kiyosaki raised concerns about the increasing inaccessibility of Bitcoin for middle-class and lower-income investors as the price continues to rise. He warned that once Bitcoin surpasses the $100,000 level, institutional investors—including large corporations, banks, and sovereign wealth funds—will likely dominate the market. This shift, according to Kiyosaki, could leave individual retail investors with limited opportunities to acquire Bitcoin at favorable prices.

Contrasting Views: A Bullish Perspective from Thomas Lee

While Kiyosaki’s predictions suggest caution in the short-term, other experts are presenting a more bullish outlook for Bitcoin. Thomas Lee, Chief Investment Officer at Fundstrat Capital, holds a more optimistic view, particularly with the recent halving cycle. The halving, which reduces the Bitcoin block reward, is seen as a key event that could reduce the overall supply of Bitcoin, potentially driving the price upwards.

Lee has indicated that Bitcoin’s price could soon break through the $100,000 barrier, and in the following year, it might even reach $250,000. He emphasized that the halving cycle, combined with a more pro-Bitcoin stance from the U.S. government, could significantly boost Bitcoin's value.

Lee also pointed out the potential for Bitcoin to become a strategic reserve asset for the U.S. government, a move that could greatly enhance Bitcoin's legitimacy and institutional adoption. He draws parallels to MicroStrategy’s successful integration of Bitcoin into its corporate balance sheet as an example of how government adoption could further solidify Bitcoin’s position in the financial world.

The Road Ahead for Bitcoin

While Kiyosaki’s predictions lean towards a short-term price dip followed by a long-term rise, Lee’s perspective aligns with a more immediate bullish scenario, buoyed by factors like institutional adoption and supply reduction through Bitcoin’s halving cycle.

As Bitcoin continues to evolve and attract attention from both retail and institutional investors, the debate around its future trajectory remains heated. Whether Bitcoin sees a dip to $60,000 or climbs past the $100,000 mark, one thing is certain: the future of Bitcoin remains a central topic for market watchers, analysts, and investors alike.