Investor and author of “Rich Dad, Poor Dad”, Robert Kiyosaki, recently shared that he sold his Bitcoin holdings worth $2.25 million. This decision follows his prediction of a $250,000 price target for Bitcoin by 2026. Kiyosaki, who invested in Bitcoin when it was around $6,000, stated that he sold it at approximately $90,000. His profits from this sale will be redirected into his businesses, specifically two surgery centers and a billboard venture, anticipated to generate $27,500 in tax-free monthly income by February 2026.
In a bullish statement, Kiyosaki expressed, “I am still very bullish and optimistic on Bitcoin and will begin acquiring more with my positive cash flow.”
On November 9, he articulated his forecast for a BTC price of $250,000 and a gold price target of $27,000 per ounce.
This announcement caught some investors off guard, coinciding with a downturn in Bitcoin prices, which recently fell below $85,000, touching $80,537 before recovering to approximately $84,000 at the time of reporting.
“I am still very bullish and optimistic on Bitcoin and will begin acquiring more with my positive cash flow.” (Translation: I maintain a positive outlook on Bitcoin and plan to invest more as I generate cash.)
The Crypto Fear & Greed Index, indicating investor sentiment, dropped to a multi-year low of 11, signifying extreme fear in the market, as observed by CoinMarketCap. Recent trading activity has seen Bitcoin decline over 33% from its all-time high of over $126,000. Veteran trader Peter Brandt foresaw Bitcoin reaching $200,000 by Q3 2029, reinforcing a long-term bullish stance despite short-term market tension.
