Bitcoin
‘Biggest Crash in History Is Coming’: Rich Dad Poor Dad Author Says Bitcoin Must Plummet Before Massively Recovering
Bestselling finance author Robert Kiyosaki says Bitcoin (BTC) is poised for its biggest drop yet before enjoying a long-term bull run.
In a lengthy thread on social media platform X, the author of Rich Dad, Poor Dad it says that patient investors will be rewarded with a multi-year bull cycle after the top crypto asset by market cap and other assets suffer a massive drop.
“The technical charts indicate [the] The biggest drop in history is coming. Prices of real estate, stocks, bonds, gold, silver and Bitcoin are all plummeting. GREAT NEWS: A good time to buy bargains is coming.
Technical charts indicate [a] A major long-term bull market cycle will follow… beginning the bull market climb in late 2025, driving prices higher for years.
This bull market cycle is the boom that gold, silver and Bitcoin investors have been waiting for. Their patience will be rewarded. This is the long-term bull market cycle they knew was coming.”
According to Kiyosaki, after the asset crash, precious metals and stores of value such as gold, silver, and BTC will dominate and reach new all-time highs as the value of fiat currency continues to decline.
“They know this long bull market cycle is coming because they know that faith and trust in FAKE money is dissolving. They know history is going to repeat itself. They know what [happened] for the German Reichsmark and the Zimbabwean dollar.
They know that more and more people are finally waking up. They know that… after the crash… the long bull market cycle for gold, silver and Bitcoin will begin.
They know that after the crash… gold, silver, Bitcoin will start to climb again to all-time highs. Gold possibly $15,000 an ounce. Silver possibly $110,00 an ounce. Bitcoin easily to $10 million per coin.”
In March, Kiyosaki foreseen that the top crypto asset by market cap would hit a price of $300,000 by the end of this year.
He recently said he would be accumulating more Bitcoin during price drops.
Bitcoin is trading at $56,191 at the time of writing.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be aware that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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