Renowned finance author Robert Kiyosaki predicts that Bitcoin (BTC) is on the verge of experiencing its most significant crash to date, followed by a prosperous bull cycle in the long run.
In an extensive thread shared on the social media platform X, the author of “Rich Dad Poor Dad” asserts that patient investors will reap the rewards of a multi-year bull cycle once the top cryptocurrency and other assets undergo a colossal crash.
“Technical charts indicate that the largest crash in history is imminent. Prices of real estate, stocks, bonds, gold, silver, and Bitcoin will plummet. The good news is that this will create a perfect opportunity to purchase assets at discounted prices. Following the crash, a major long-term bull market cycle will ensue, commencing its climb in late 2025 and driving prices up for several years.”
Kiyosaki believes that this bull market cycle will fulfill the hopes of gold, silver, and Bitcoin investors who have been patiently waiting for its arrival. This impending cycle is the one they knew was bound to occur.
According to Kiyosaki, once assets crash, precious metals and store-of-value assets like gold, silver, and BTC will dominate the market and reach new all-time highs, as the value of fiat currency continues to decline.
“They are aware that this lengthy bull market cycle is imminent because they understand that faith and confidence in fake money are deteriorating. They know that history repeats itself. They are well aware of the fate of Germany’s Reichsmark and the Zimbabwe dollar. They know that more and more people are finally awakening. They know that after the crash, the long cycle bull market for gold, silver, and Bitcoin will commence. They know that after the crash, gold, silver, and Bitcoin will once again surge and reach all-time highs. Gold could potentially reach $15,000 per ounce, silver could reach $110.00 per ounce, and Bitcoin could easily soar to $10 million per coin.”
Earlier this year, Kiyosaki accurately predicted that the top cryptocurrency would reach a price of $300,000 by the end of the year. He recently stated that he plans to accumulate more Bitcoin during its price dips.
At the time of writing, Bitcoin is being traded at $56,191.
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Disclaimer: The opinions expressed at The Daily Hodl do not constitute investment advice. Investors should conduct their own thorough research before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trades are done at your own risk, and any losses incurred are your responsibility. The Daily Hodl does not endorse the buying or selling of any cryptocurrencies or digital assets, nor is it a financial advisor. Please be aware that The Daily Hodl engages in affiliate marketing.
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