Blockchain Technology

Robert Kiyosaki Says Market Bubbles To Burst, Will Purchase Bitcoin


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”Wealthy Dad Poor Dad” creator Robert Kiyosaki warned immediately that market bubbles are “about to start out busting” and mentioned he plans to purchase extra Bitcoin, gold, and silver after the crash.

In a publish on X, Kiyosaki mentioned that when bubbles burst, “odds are gold, silver, and Bitcoin will bust too.” He framed the potential crash as a shopping for alternative, including: “If costs of gold, silver, and Bitcoin crash…I will likely be shopping for.”

Robert Kiyosaki biography, quotes and books - Toolshero

Not The First Crash Warning From Kiyosaki

This isn’t the primary time Kiyosaki has instructed his followers to brace for a crash. The very best-selling creator has developed a status for making daring market calls over current years, however a lot of them haven’t performed out.

One consumer requested Grok AI within the feedback what number of occasions Kiyosaki has predicted the market will crash. 

“Based mostly on his X posts, Robert Kiyosaki has made related predictions of market bubbles busting and crashes in gold, silver, and Bitcoin no less than 30 occasions since 2022, typically advising to purchase throughout dips,” the AI replied.

Markets publication “Brew Markets” additionally commented beneath his publish and instructed readers to not take funding recommendation from Kiyosaki.

In its reply, the account additionally shared among the previous predictions whereby Kiyosaki forecast an upcoming market crash. These warnings date again all the best way to mid 2011. 

Most of these warnings, in response to the snapshot of the chart, got here when the market underwent a quick pullback earlier than a rally. 

One consumer on X subsequently mentioned Kiyosaki is “persistently improper.” One other consumer accused Kiyosaki of simply making an attempt to create panic amongst new traders. 

Main BTC Correction Nonetheless Weeks Away, Says Analyst

Kiyosaki’s prediction comes as Bitcoin trades simply over 3% under the all-time excessive of $123,091.61 that it set per week in the past. 

Whereas the main crypto has since retraced to commerce at $119,016.15 as of 4:58 a.m. EST, famend crypto analyst and dealer Rekt Capital instructed his over 551.2K followers on X that BTC’s newest uptrend “just isn’t over but.” 

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