Robert Kiyosaki, author of the bestselling investment guide “Rich Dad Poor Dad,” issued a tweet this morning warning of an imminent major crash as indicated by technical charts. However, he noted this also presents a favorable buying opportunity on dips.
Kiyosaki explained that the technical charts suggest the onset of the largest crash in history. Simultaneously, he pointed out that this signifies an upcoming opportunity to buy at low points.
He elaborated that the charts indicate the start of a significant long-term bull market cycle, projected to commence by the end of 2025. Prices are expected to rise steadily for several years, a period eagerly anticipated by investors in gold, silver, and Bitcoin.
Their patience will pay off. They recognize this as an inevitable long-term bull market cycle because the U.S. is the largest debtor nation in history, confidence in “fake money” is eroding, and they understand history tends to repeat itself. They know what happened with the German Mark (the old German currency that devalued severely post-war) and the Zimbabwean dollar.
They know more and more people are waking up. They know… after the crash… the long-term bull market for gold, silver, and Bitcoin will begin.
In addition, Kiyosaki predicts historical highs for gold, Bitcoin, and silver during this long-term bull market. He has repeatedly urged people to invest in “real money” such as gold, silver, and Bitcoin for wealth accumulation. Last month, he tweeted advising against using high Bitcoin prices as an excuse to abstain from buying, claiming buying Bitcoin is the simplest way to become a multimillionaire.
Based on his strong belief in Bitcoin, he boldly predicted on June 6th that Bitcoin would reach $350,000 by August 25th this year, encouraging investments in Bitcoin, Ethereum, and Solana. However, his recent statements suggest a dramatic shift in stance with the looming major crash.
Bitcoin fell over 4.5% to $57,800 within an hour at 9:00 AM, down from $60,493, and was reported at $59,068 at the time of writing, marking a 3.04% decline in the past 24 hours.
Bitcoin’s trend. Source: OKX
Related Reports
Rich Dad warns “America is sick,” buy Bitcoin now: Targeting $300,000 this year, even with $500 left in your wallet
Rich Dad warns: Bitcoin ETFs are fake, buying real BTC is the way
Bullish on Bitcoin hitting $100,000 in June! Rich Dad: If BTC crashes, I’ll be happy and buy more
Rich Dad contradicts himself! From bullish on gold to bearish: Fearful of a 40% plunge below $1,200… Is Bitcoin next?