Robert Kiyosaki Says Market Bubbles To Burst, Will Purchase Bitcoin


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”Wealthy Dad Poor Dad” writer Robert Kiyosaki warned right now that market bubbles are “about to begin busting” and mentioned he plans to purchase extra Bitcoin, gold, and silver after the crash.

In a put up 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 can be shopping for.”

Not The First Crash Warning From Kiyosaki

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

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

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

Markets publication “Brew Markets” additionally commented underneath his put up and informed 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 way in which to mid 2011. 

Most of these warnings, in line with the snapshot of the chart, got here when the market underwent a short pullback earlier than a rally. 

One person on X subsequently mentioned Kiyosaki is “constantly unsuitable.” One other person accused Kiyosaki of simply making an attempt to create panic amongst new buyers. 

Main BTC Correction Nonetheless Weeks Away, Says Analyst

Kiyosaki’s prediction comes as Bitcoin trades simply over 3% beneath 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 informed his over 551.2K followers on X that BTC’s newest uptrend “isn’t over but.” 

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