Renowned financial expert Robert Kiyosaki considers people who sold their bitcoins during the last market downturn to be losers.
Kiyosaki is sure that they will regret it in the future, since they did not take into account many factors that confirm the potential of the main cryptocurrency.
According to him, current US President Donald Trump is the right leader at the right time who understands the importance and power of Bitcoin in the current financial landscape.
Towards the end of February, the price of Bitcoin fell from its previous level of around $90,000 to $78,200. A rebound on March 2 took the price of BTC to $95,050, but the next day it fell to $82,000. Of course, these jumps caused panic among investors.
Kiyosaki himself bought more bitcoin during the downturn because he is confident of long-term growth, especially given the Trump administration’s push to buy BTC to help solve the country’s financial problems.
Since March 4, the price of Bitcoin has begun to recover, several times exceeding the level of $88,900 with a daily minimum of $81,600. Most experts do not doubt that BTC will continue to rise in price, as demand for the first cryptocurrency grows with a reduction in the circulating supply due to halving.
The presence of institutional investors in the Bitcoin market will continue to cause increased volatility.