Robert Kiyosaki predicted the fall of bitcoin to $ 17,000

The author of the bestseller "Rich Dad, Poor Dad" and entrepreneur Robert Kiyosaki called the collapse of bitcoin "great news" and predicted a test of the $17,000 cryptocurrency level.

"As I said earlier, I am waiting for bitcoin to fall to $20,000. Then we will wait for the bottom test, which may be at $17,000. As soon as this happens, I will “go big". Crises are the best time to get rich," he said.

Earlier, the entrepreneur explained why he is confident in the long-term success of digital gold:

"Bitcoin will win because America is led by three puppets."

Among the latter, he ranked US President Joe Biden, Treasury Secretary Janet Yellen and Fed Chairman Jerome Powell.

In 2020, Kiyosaki said that the price of bitcoin will reach $75,000 in three years, as the incompetence of the Fed is "killing the US economy." The cryptocurrency approached the announced mark already in November 2021, having recorded a historical maximum at $ 69,000.

On May 13, bitcoin quotes recovered to above $30,000 after a sharp drop. Previously, a well-known gold supporter and critic of the first cryptocurrency, Peter Schiff, called a "very likely" failure of quotations to $ 10,000.

Recall that in January, Bloomberg Intelligence senior commodities strategist Mike McGlone predicted bitcoin's growth to $100,000 in 2022.

However, fintech experts who took part in the Finder survey concluded that by the end of the year, the cryptocurrency quotes will reach $65,000.