Robert Kiyosaki, the bestselling author and entrepreneur of Rich Dad Poor Dad, described the Bitcoin crash as “great news” and predicted a $17,000 test.

BITCOIN OUTPUT. wonderful news. I expect Bitcoin to drop to 20k as stated in previous Tweets. Next, the bottom test, which may be $ 17 thousand, will wait. I back up the truck when I find out the bottom is in. Accidents are the best times to get rich. take care of yourself.

— therealkiyosaki (@theRealKiyosaki) 12 May 2022

“As I said before, I am waiting for Bitcoin to drop to $20,000. Then we will wait for a test bottom that could be at $17,000. When that happens, I will be big.” “The crisis is the best time to get rich,” he said.

Earlier, the entrepreneur explained why he is confident in the long-term success of digital gold:

“Bitcoin will win because America is run by three puppets.”

Among the latter, US President Joe Biden, Secretary of the Treasury Janet Yellen, and chief fed Jerome Powell.

Q: Why will Bitcoin win? A: Because America is ruled by 3 STOOGES, BITCOIN will win. Number 1 President Biden. Stooge #2 Secretary of the Treasury Yellen. Stooge #3 Fed Chairman Powell. I trust BITCOIN, not 3 Stooge.

— therealkiyosaki (@theRealKiyosaki) 11 May 2022

In 2020, Kiyosaki said that the price of bitcoin would reach $75,000 in three years, as the Fed’s incompetence “killed the US economy.” The cryptocurrency has already approached the mark announced in November 2021, fixing a historical high at $69,000.

On May 13, bitcoin prices rallied above $30,000 after falling sharply. Earlier, Peter Schiff, a prominent gold supporter and critic of the first cryptocurrency, said it was “likely” for prices to drop to $10,000.

Recall that in January, Bloomberg Intelligence senior commodity strategist Mike McGlone predicted an increase in bitcoin to $100,000 in 2022.

However, fintech experts participating in the Finder survey concluded that cryptocurrency prices will reach $65,000 by the end of the year.