‘Rich Dad, Poor Dad’ author and Bitcoin bull Robert Kiyosaki sells his BTC

Robert Kiyosaki just pulled a classic 'Rich Dad' move — he dumped his Bitcoin bag. The 'Rich Dad, Poor Dad' author announced Friday he sold $2.25M worth of BTC that he bought 'years ago' at around $6,000, cashing out at roughly $90,000.

Where's the money going? Straight into cash-flowing businesses. Kiyosaki's reinvesting profits into two surgery centers and a billboard business, expecting them to generate $27,500 in tax-free monthly income by February 2026. That's some serious passive income hustle.

Plot twist: This comes just weeks after Kiyosaki was screaming about Bitcoin hitting $250,000 by 2026 and gold reaching $27,000 per ounce. But don't call him a bear — he clarified he's 'still very bullish and optimistic on Bitcoin and will begin acquiring more with my positive cash flow.'

The timing is brutal though — this dropped during Bitcoin's worst drawdown of the current cycle. BTC briefly tapped $80,537 on Friday before rebounding to around $84,000, down over 33% from its October all-time high above $126,000.

Market sentiment is in the gutter. The Crypto Fear & Greed Index plummeted to a multi-year low of 11 on Friday — that's 'extreme fear' territory according to CoinMarketCap.

The crash started with the historic October 10 market meltdown that triggered the most severe single-day liquidation in crypto history. But not everyone's panicking.

Veteran trader Peter Brandt says Bitcoin will still hit $200,000 in Q3 2029, calling the market flush 'positive for BTC' and maintaining long-term bullishness.

Analysts at Bitfinex added some perspective: record Bitcoin ETF outflows and the ongoing downturn signal short-term distress rather than weakening institutional demand or deteriorating fundamentals. So maybe this is just a healthy correction, not the apocalypse.