Bitcoin Poised for Massive Rally After Anticipated Historic Crash Predicts Rich Dad Poor Dad Author
Renowned financial author Robert Kiyosaki predicts that Bitcoin (BTC) is on the verge of experiencing its most significant crash yet, preceding an extended period of bullish momentum. In an extensive series of posts on the social media platform X, the author of “Rich Dad Poor Dad” asserts that patient investors will reap rewards after a substantial downturn affecting Bitcoin and other major asset classes such as real estate, stocks, bonds, gold, and silver.
“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. However, there is a silver lining: a prime opportunity will follow to purchase assets at reduced prices,” Kiyosaki explains.
“Technical indicators also point towards a prolonged bullish phase, beginning around late 2025, which will propel prices upwards over several years. This forthcoming bull market presents a golden opportunity for investors in gold, silver, and Bitcoin who have patiently awaited this inevitable upswing.”
Kiyosaki emphasizes that after the crash, precious metals and other stores of value, including gold, silver, and BTC, will dominate the market and reach unprecedented highs, driven by diminishing confidence in fiat currency.
“Investors are increasingly awakening to the erosion of faith in fiat money, paving the way for an extended bull market. They draw parallels with historical precedents such as the German Reichsmark and Zimbabwe dollar. Following the crash, a long-term bullish trend for gold, silver, and Bitcoin will ensue.”
“They foresee gold potentially soaring to $15,000 per ounce, silver to approximately $110.00 per ounce, and Bitcoin potentially reaching $10 million per coin,” he added.
Earlier this year, Kiyosaki had projected that Bitcoin would achieve a price of $300,000 by the end of the year, and he has recently expressed intentions to accumulate more Bitcoin during price dips. As of the latest update, Bitcoin is priced at $56,191.
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