BTC will fall if a vaccine against COVID-19 is found

by in Cryptocurrency News

Robert Kiyosaki

According to the financier and author of the famous book "Rich Dad Poor Dad" Robert Kiyosaki, precious metals and bitcoin will collapse in value if a vaccine against COVID-19 appears in the world.

The emergence of such a drug will create conditions under which investor interest in safe-haven assets will begin to weaken rapidly. Kiyosaki expressed his position on Twitter.

Note that in May this year, "rich dad," on the contrary, encouraged people to buy gold and BTC.

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According to his forecasts, the largest digital currency over the next three years will soar in price to $ 75,000. The cost of gold will also grow steadily in about a year - a troy ounce of this precious metal will trade above $ 3,000, Kiyosaki said in the spring.

However, this week the financier announced the return of the negative trend for bitcoin and gold.

In parallel, Kiyosaki again pointed out the big problems of the American economy, adding that the country's debt has already reached $ 26.76 trillion. Much of this debt came from just a few months ago due to a stimulus from the Federal Reserve. The US goes bankrupt, and this is already a fact, the financier believes.