Robert Kiyosaki, the author of the Rich Dad Poor Dad book, evaluated the Bitcoin (BTC) price as a buying opportunity in his social media sharing.
Kiyosaki, the author of one of the top 10 personal finance books of all time, drew attention to the Fed interest rate policy. While arguing that the financial model focused on the dollar was due to rising interest rates, he claimed that things would turn around in the near future. While attributing the Bitcoin price drop to the interest rate hike, Kiyosaki argued that these times are buying opportunities.
Robert Kiyosaki Claims Bitcoin Will Rise
The famous author became famous for his book Rich Dad Poor Dad, which deals with financial literacy and financial independence. The book has gained popularity as one of the top 10 personal finance books worldwide. Kiyosaki, whose popularity is increasing day by day, is known as a Bitcoin maximalist.
Kiyosaki addressed his followers with his social media post. The author stated that if the Fed continues to increase interest rates, the concentration on the dollar will increase. According to the famous author, the concentration of hot money on the dollar was the most important factor that lowered the price of Bitcoin.
According to Kiyosaki’s claim, if the Fed begins to lower interest rates, there will be a rapid rise in Bitcoin price. The author, who told his followers to increase their Bitcoin holdings, stated that people will be happy when the interest rate drops.
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