Bitcoin expert predicts that its price will fall to $1.100

By Alfredo Gonzalez

June 29, 2022

Bitcoin expert predicts that its price will fall to $1.100

Financial expert Robert Kiyosaki has made forceful statements about the possible new price of bitcoin (BTC) that has left most people speechless.
The price of bitcoin (BTC) has been trading between $20.000 and $21.700 for a week now, showing some stability between the strength of supply and demand. This margin in which it is moving gives traders a slight reassurance, seeing that it has not touched its low of the year at $18.000 again. Although there is a sense of uncertainty about his future.

the different predictions
Bitcoin market specialists give very different projections from each other. Some believe that his fund was USD 18.000 and now he only has to go up, as the CEO of Binance has expressed. While others consider that we will still see lower prices for the cryptocurrency this season.

Robert Kiyosaki, the author of the book "Rich Dad Poor Dad" and a huge BTC enthusiast and investor, said on June 27, "I'm waiting for bitcoin to 'test' $1.100." Likewise, he estimated: “If it recovers, I will buy more. If not, I'll wait for the losers to quit and then I'll buy more."

RICH Dad lesson. “LOSERS quit when they lose.” Bitcoin losers are quitting some committing suicide.'WINNERs learn from their losses. I am waiting for Bitcoin to “test” $1100. If it recovers I will buy more. If it does not I will wait for losers to “capiulate” quit then buy more.
— therealkiyosaki (@theRealKiyosaki) June 28, 2022

Kiyosaki's message surprised several of his followers, who replied: "USD 1.100?" That would imply a five-year setback for his price as of April 2017, the last time he quoted that figure.
The acclaimed investment specialist argued that a lesson from rich dad is that losers quit when they lose. With that he understands that many bitcoin investors sell at losses out of fear, while he maintains that those with a winning mind learn from their losses.
Your strategy
That is why he warns that he will buy more BTC when the others manage to sell and the price falls. Precisely because, although its price may fall sharply, he speculates that it will rise in the long term.
Although it is convenient to bear in mind that there is no guarantee of this, for which it is advisable to anticipate possible risks. This avoids unwanted scenarios, as explained by the CriptoNoticias Criptopedia.

Miami Daily
Author: Emery Barreto 7:06 am

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