Robert Kiyosaki, known for his Rich Dad Poor Dad series, warns of an impending major market crash. Again.
He doing this since years, decades, but now he predicts that a massive bull run will follow it, pushing Bitcoin’s price to $10 million.
Doomsayer, but he’s right?
Kiyosaki recently shared on X that he expects a giant downturn in various assets, including real estate, stocks, bonds, gold, silver, and Bitcoin too.
His prediction comes as Bitcoin’s price dropped way below $58,000, the lowest in two months, and 21% lower than its peak of $74,000 in March.
He believes technical indicators suggest the biggest crash in history is imminent, now it’s for real, but this also present an opportunity too, leading to a prolonged bull market starting in late 2025.
The dollar’s time is up?
Kiyosaki is famous about his constant warnings and predictions, and now he says the upcoming bull market will benefit investors in gold, silver, and Bitcoin.
He attributes the predicted crash and subsequent recovery to U.S. debt and inflation, as he argues that the U.S., as the largest debtor nation, will see a decline in faith and confidence in its currency, prompting a shift to what he calls real money.
Dollar will crash, and hard money will emerge.
Weimar vibes
Kiyosaki didn’t detail how the U.S. dollar is being undermined right now but referenced historical examples like Germany’s Reichsmark and the Zimbabwe dollar, which lost value due to hyperinflation.
He told his followers, as he did countless times before to hold Bitcoin, gold, and silver to protect their wealth.
He thinks that after the big crash, gold could reach $15,000 per ounce, silver $110 per ounce, and Bitcoin can soar to $10 million per coin.
Kiyosaki, who bought Bitcoin when it was priced between $6,000 and $9,000, believes the opportunity to gain wealth is approaching now, as investors can buying in relatively lower levels.
