Bitcoin Poised for Massive Crash, Says ‘Rich Dad Poor Dad’ Author

Imminent Crash

Robert Kiyosaki, author of the best-selling “Rich Dad Poor Dad,” predicts a catastrophic crash for Bitcoin (BTC) and other assets. According to him, this will be the “biggest crash in history.”

Bull Market to Follow

Despite the impending crash, Kiyosaki believes it will be followed by a prolonged bull market. He advises investors to remain patient, as they will be rewarded with a multi-year bull cycle after the downturn.

Precious Metals to Dominate

Kiyosaki emphasizes that after the crash, precious metals like gold and silver, as well as Bitcoin, will become dominant and reach new all-time highs. He attributes this to the declining value of fiat currency.

Price Predictions

Kiyosaki predicts that after the crash, gold could reach $15,000 per ounce, silver $110 per ounce, and Bitcoin a staggering $10 million per coin.

Earlier Predictions

In March, Kiyosaki had predicted that Bitcoin would hit $300,000 later this year. He has also expressed his intention to accumulate more Bitcoin during its price dips.