Robert Kiyosaki, author of Rich Dad Poor Dad, made no secret of letting the world know his strong support for Bitcoin. The financial industry writer once again stepped forward to strictly implement her application. This time, Kiyosaki wrote an incredibly cheerful story about digital assets in the near future.

Bitcoin will touch $500000 in three years

In a recent tweet, Kiyosaki announced its 2.3 million fans on Twitter. He predicted that the price of Bitcoin would also reach 500000 dollars in three years. The author elaborated this point. At that time, because it was unclear what measures the Federal Reserve meeting would take to curb inflation, the sales market was still in an uncertain situation.

Kiyosaki explained that he expected that the price of digital assets would reach $500000 by 2025, because the Federal Reserve meeting would in fact continue to print more loans. He previously disclosed that the lower confidence in the US dollar was undoubtedly the fuse of this rebound, and he reiterated this point again.

According to the author, although Bitcoin is expected to exceed US $500000, other asset classes such as gold and silver will reach US $5000 and US $500 respectively in the same year. He called Bitcoin "the common people's dollar". At that time, he expected that there would be a very big crash, even a downturn.

How does BTC perform in a short time?

Kiyosaki's prediction range is wide, but for now, Bitcoin is still diligent in maintaining its use value. Last week, this digital asset had already fallen below $23000 and entered a new week.

On Monday morning, the digital asset realized the first weekly death crossing announced by investment analysts such as Benjamin Cowen. This indicator value is generally bullish, so the death crossover has caused some anxiety in the market.

With the confirmation of the death handover point, BTC has fallen to the level of $21600. It is expected that further decline will occur gradually from this point, but considering that investor sentiment is still in a good neutral line, this point is still unknown.

At this stage, every eye is focused on the CPI data analysis report that is expected to be released on Tuesday. It may be as good as the January data, which may invalidate the death cross and bring more benefits to digital assets.

At the time of writing, Bitcoin changed hands at a price of 21627 US dollars. The index has fallen 1.28% in the past 24 hours and 5.3% in the past 7 days.