"Kiyosaki: Bitcoin 'On Sale' Amidst Financial Instability"

Robert Kiyosaki, renowned author of "Rich Dad Poor Dad," has recently expressed his bullish stance on Bitcoin despite the cryptocurrency's recent price decline. In a post on a social media platform, Kiyosaki stated that Bitcoin is "on sale" and revealed his intention to buy more of the digital asset.

Kiyosaki's comments come as Bitcoin's price has dropped to around $82,000, a level not seen since November 2021. However, the author attributed this price drop to broader financial instability, rather than any inherent issues with Bitcoin itself. He criticized the U.S. monetary system and the actions of "criminal bankers" as the root cause of the economic instability.

Kiyosaki also warned about the potential risks posed by America's growing debt, which he estimated to be over $230 trillion when including social programs. He suggested that if foreign countries like Japan and China stop purchasing U.S. bonds, inflation could surge, leading to a collapse of the U.S. dollar.

Kiyosaki's comments sparked a debate among investors and traders, with some supporting his views on Bitcoin and others favoring alternative assets like gold and silver. Supporters of Kiyosaki's stance argued that Bitcoin's volatility is a result of broader financial instability and that the cryptocurrency serves as a safeguard against a failing financial system. Critics, however, maintained that gold, silver, and other hard assets are more reliable during times of economic uncertainty.

Despite the price drop, some analysts remain optimistic about Bitcoin's fundamentals. They argue that the cryptocurrency's underlying strengths remain intact, if not stronger than ever. However, market data suggests that a prolonged selling spree among Bitcoin ETFs could exacerbate the BTC price downtrend, potentially pushing the price below $80,000.

The shift in investor sentiment towards AI stocks has also contributed to Bitcoin's decline. As equities become more attractive due to inflation concerns and geopolitical risks, investors are pulling capital away from Bitcoin and other cryptocurrencies. For instance, NVIDIA's strong Q4 earnings saw its stock jump 4%, adding $125 billion in market value and drawing investor capital away from Bitcoin.

U.S. Bitcoin ETFs have also experienced significant outflows in recent days, with over $2.1