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.
You may also like
Bitcoin News Update: Bitcoin Faces $70,000 Test as Major Holders and Small Investors Exit Amid Bearish Trends
- Bitcoin fell below $90K, triggering a selloff with altcoins dropping 7.9% and 6.9% as bearish technical indicators and whale exits intensified fears of a deeper correction. - Whale Owen Gunden liquidated $1.3B BTC, sparking speculation about capitulation or profit-taking, while $636M in retail liquidations highlighted market fragility. - Analysts warn of a potential $70K support battle, citing weak ETF flows, elevated volatility, and BlackRock's $523M outflows as key factors determining Bitcoin's next tr

Zcash Latest Updates: BCH Experiences ZEC-Like Spike—Are Technical Improvements or Market Excitement Driving the Rise?
- Bitcoin Cash (BCH) surged 13% in 24 hours, breaking yearly resistance and entering top 12 by market cap, driven by roadmap upgrades and Zcash (ZEC)-style market dynamics. - Upgrades include plans to reduce block time to 2 minutes by 2026 and OP_EVAL smart contract enhancements, positioning BCH as a low-fee DeFi alternative. - ZEC's 30% weekly gain from institutional backing and whale activity (e.g., Winklevoss-linked 233,644 ZEC hoard) highlights privacy-focused crypto demand, while BCH's rally shows thi

Ethereum News Today: Ethereum Faces $3,000 Test as Institutional Optimism Clashes with Bearish Forces
- Ethereum stabilizes near $3,100 Fibonacci support as RSI and Stochastic Oscillator signal potential bullish reversal after sharp correction. - Institutional buyers accumulate 3.5% of ETH supply through long-term staking, contrasting ETF outflows and creating structural demand. - Technical analysts highlight completed Elliott Wave B pattern, suggesting $3,592 resistance test if bulls defend $3,000 threshold successfully. - Risks persist below key moving averages, with breakdown to $2,850-$2,380 possible a

Bitcoin Updates: Optimistic Saylor Stands Firm Amid Bitcoin Decline and Cautions from Institutions
