Robert Kiyosaki Sells Bitcoin to Fund Ventures, Stays Bullish
Personal finance author and Bitcoin advocate Robert Kiyosaki recently sold a portion of his Bitcoin holdings to fund new business ventures. Despite ongoing market volatility and widespread investor fear, Kiyosaki maintains a bullish outlook on Bitcoin’s long-term prospects. He argues that temporary price drops offer buying opportunities, expecting Bitcoin to reach new highs as institutional and retail adoption grows.
Bullish
Kiyosaki’s decision to sell some Bitcoin to fund ventures while publicly reiterating confidence underlines his belief in Bitcoin’s resilience. High-profile endorsements often sway market sentiment positively. Historically, bullish pronouncements from influential figures have preceded recovery phases, such as corporate Bitcoin buy-the-dip moves by Tesla and MicroStrategy. In the short term, his sale may add slight selling pressure, but his continued buy-the-dip narrative and long-term optimism should support upward momentum and encourage traders to hold or accumulate.