Rich Dad Poor Dad Author Puts a $65K Downside Target on Bitcoin, but There Is a Catch

Quick Take Robert Kiyosaki, author of Rich Dad Poor Dad, says he expects Bitcoin to crash and plans to buy the drop. Bitcoin is sitting right on its 200-day average while momentum still points down. His downside target lines up with the first major support on the chart. Robert Kiyosaki has warned that Bitcoin is heading for a crash. He also says he would welcome the fall and use it to add to his holdings. His warning lands as Bitcoin tests a long-term trend line after a weak month. Sellers still lead, and buyers have yet to show strength. Kiyosaki Warns of a Crash He Plans to Buy Kiyosaki, author of the personal finance bestseller Rich Dad Poor Dad, has pointed to a downside target near $65K.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Daily.