Best-selling finance author Robert Kiyosaki says that Bitcoin (BTC) is primed to have its biggest crash yet before enjoying a long-term bull cycle.
In a lengthy thread on the social media platform X, the Rich Dad Poor Dad author 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 crash.
“Technical charts indicate [the] biggest crash in history coming. Prices of real estate, stocks, bonds, gold, silver, and Bitcoin crash. GREAT NEWS: good time to buy bargains will follow.
Technical charts indicate [a] major long-term bull market cycle will follow… starting the bull market climb in late 2025, raising prices for years.
This bull market cycle is the boom gold, silver and Bitcoin investors have been waiting for. Their patience will be rewarded. This is the long-term bull market cycle they knew had to come.”
According to Kiyosaki, after assets crash, precious metals and stores of value such as gold, silver, and BTC will dominate and hit new all-time highs as the value of fiat currency continues to dwindle.
“They know this long cycle bull market is coming because they know faith and confidence in FAKE money is dissolving. They know history will repeat. They know what [happened] to Germany’s Reichsmark and the Zimbabwe dollar.
They know more and more people are finally waking up. They know… after the crash….the long cycle bull market for gold, silver, and Bitcoin will begin.
They know, after the crash…. gold, silver, Bitcoin will once again begin climbing to hit 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 predicted that the top crypto asset by market cap would hit a price tag of $300,000 later this year.
He recently said he’d be accumulating more Bitcoin during its price dips.
Bitcoin is trading for $56,191 at time of writing.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inboxGenerated Image: Midjourney