Best-selling finance author Robert Kiyosaki says Bitcoin (BTC) is poised to experience its biggest crash yet before an extended bull cycle.
In a long thread on the social media platform X, the Rich Dad Poor Dad author writes say that patient investors will be rewarded with a multi-year bull cycle after the major crypto assets by market cap and other assets suffer a massive crash.
“Technical maps indicate this [the] biggest crash in history coming. Prices of real estate, stocks, bonds, gold, silver and Bitcoin are crashing. GREAT NEWS: A great time to buy bargains is coming.
Technical maps indicate this [a] A major long-term bull market cycle will ensue…the bull market ascent will begin in late 2025, causing prices to rise for years to come.
This bull market cycle is the boom that gold, silver and Bitcoin investors have been waiting for. Their patience will be rewarded. This is the long-term bull market cycle they knew was coming.”
According to Kiyosaki, precious metals and stores of value such as gold, silver and BTC will dominate after the asset crash and reach new all-time highs as the value of fiat money continues to decline.
“They know this long-term bull market is coming because they know confidence in FAKE money is disappearing. They know history will repeat itself. They know what [happened] to the German Reichsmark and the Zimbabwean dollar.
They know that more and more people are finally waking up. They know… after the crash… the long bull market cycle for gold, silver and Bitcoin will begin.
They know, after the crash…. gold, silver, Bitcoin will start climbing again to reach record highs. Gold possibly $15,000 per ounce. Silver possibly $110.00 per ounce. Bitcoin Easily to $10 Million Per Coin.”
In March, Kiyosaki predicted that the leading crypto asset by market capitalization would reach a price tag of $300,000 later this year.
He recently said he would accumulate more Bitcoin during the price drops.
Bitcoin is trading at $56,191 at the time of writing.
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Generated image: Midjourney