Robert Kiyosaki Buys Bitcoin at $67,000 as Price Struggles Below $68,000
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- Kiyosaki buys one Bitcoin at $67,000 amid volatility
- Author cites debt fears and dollar printing concerns
- Bitcoin struggles below $68,000 after failed breakout attempts
Prominent financial author Robert Kiyosaki has revealed a fresh Bitcoin purchase during the latest market pullback. According to a post he shared on X, the “Rich Dad Poor Dad” author bought one whole Bitcoin at approximately $67,000. His disclosure comes as the world’s largest cryptocurrency continues to trade below the $68,000 level. Bitcoin recently attempted twice to break above $68,000 but failed to hold that position. As a result, the asset remains in a consolidation phase. However, Kiyosaki signaled that short-term weakness did not alter his long-term outlook.
According to his statement, his decision rests on expectations of renewed money printing in the United States. He argued that mounting national debt could pressure the dollar and eventually force the Federal Reserve to expand the money supply. He described future liquidity injections as trillions of “fake dollars” entering the system.
Moreover, Kiyosaki pointed to Bitcoin’s fixed supply as a central reason for his continued accumulation. The cryptocurrency has a hard cap of 21 million coins. More than 19 million coins have already been mined, leaving a limited amount still to be produced. Consequently, he emphasized that increasing scarcity strengthens Bitcoin’s long-term value proposition.
Also Read: Bitfinex Says Quantum Computing Risk to Bitcoin Remains Distant
Price Context and Broader Market Signals
Bitcoin hovered near $67,000 when Kiyosaki disclosed his purchase. Traders closely monitored resistance near $68,000 after repeated rejections in recent sessions. Additionally, volatility increased as market participants reacted to shifting macroeconomic signals.
Kiyosaki also referenced warnings from his 2013 book “Rich Dad’s Prophecy.” According to a separate post this week, he believes a major market crash is now imminent. He stated that positions in Bitcoin, Ethereum, gold and silver could benefit during financial turbulence. His latest purchase reinforces his consistent strategy of buying during market dips rather than rallies.
Also Read: Brad Garlinghouse Reacts as XRP Community Takes Spotlight at ETHDenver
The post Robert Kiyosaki Buys Bitcoin at $67,000 as Price Struggles Below $68,000 appeared first on 36Crypto.
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