Bitcoin Expected to Experience Biggest Crash in History Before Making Massive Rally Predicts Author of Rich Dad Poor Dad
Renowned finance author Robert Kiyosaki suggests that Bitcoin (BTC) is poised for its most significant downturn yet before embarking on a prolonged bullish phase.
In a comprehensive discussion on the X social media platform, the Rich Dad Poor Dad author underscores that patient investors stand to benefit from a multi-year bullish trend following substantial declines across major asset classes, including real estate, stocks, bonds, gold, silver, and Bitcoin.
“According to technical charts, the largest crash in history is imminent. Prices across real estate, stocks, bonds, gold, silver, and Bitcoin are set to plummet. The silver lining? An opportune moment to snap up undervalued assets will soon follow.”
Kiyosaki highlights projections indicating a substantial long-term bullish market cycle ahead, with initial signs of a bullish ascent expected by late 2025, driving prices upward for years to come.
“This upcoming bull market cycle represents the awaited windfall for gold, silver, and Bitcoin investors. Their patience is on the brink of paying off. It’s the definitive long-term bull market cycle they’ve been anticipating.”
According to Kiyosaki, following the asset downturn, precious metals and established stores of value like gold, silver, and BTC will dominate, achieving new record highs as confidence in fiat currencies continues to erode.
“They recognize the impending arrival of this extended bull market cycle, understanding the waning trust in artificial currencies. History is poised to repeat itself, akin to the lessons from Germany’s Reichsmark and Zimbabwe’s dollar. More individuals are awakening to this reality. Following the crash, the extended bull market for gold, silver, and Bitcoin will commence.”
Kiyosaki forecasts significant milestones for these assets post-crash, envisioning gold potentially reaching $15,000 per ounce, silver potentially hitting $110.00 per ounce, and Bitcoin possibly soaring to $10 million per coin.
In March, Kiyosaki predicted that Bitcoin would reach $300,000 by year-end, affirming his commitment to accumulating more during price dips. At present, Bitcoin trades at $56,191.
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