Editor's PiCK
Bitcoin investor sentiment contracts…'Rich Dad' Kiyosaki "Crash Coming" warns
Summary
- According to cryptocurrency analysis firm Alternative, recent Bitcoin price declines have pushed investor sentiment into the 'Extreme Fear' stage.
- Robert Kiyosaki publicly warned of the possibility of a price crash, saying "Crash Coming."
- Kiyosaki said, "Even during a crash, I will continue to buy Bitcoin and other major assets," revealing a long-term investment perspective.
Investor sentiment for cryptocurrencies has contracted amid a decline in Bitcoin (BTC) prices. There are also views that major cryptocurrency prices could plunge soon.
On the 9th, according to cryptocurrency analysis firm Alternative, as of that day the Crypto Fear & Greed Index was recorded at 22, corresponding to the 'Extreme Fear' stage. Compared with one week earlier (37), it fell by 15 points. The Crypto Fear & Greed Index indicates that the closer it is to 0, the more investor sentiment has contracted.
A warning about the possibility of a price crash also emerged. Robert Kiyosaki, author of the bestseller 'Rich Dad Poor Dad', said on X (X), "Crash Coming."
But Kiyosaki emphasized, "But I won't sell; I buy." Kiyosaki said, "My Bitcoin target for next year is $250,000," and added, "Even during a crash, I will continue to buy gold, silver, Bitcoin, and Ethereum (ETH)."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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