PakGazette – Robert Kiyosaki, a renowned investor, entrepreneur and author of the popular classic financial book “Rich Dad, Poor Dad”, has broken some big news in his X post today.
Kiyosaki believes that a “giant market decline” has arrived, but remains optimistic.
Kiyosaki ‘so bullish on Bitcoin’ as ‘giant market crash’ arrives
Kiyosaki surprised the community with a statement that the markets are experiencing a “giant drop.” His explanation for this situation is that the Federal Reserve, the Treasury, the banks and Wall Street continue to print money and this “makes things worse.”
He stated that when the aforementioned entities print “fake money”, the rich, who own “real assets” only increase their wealth, while those who save newly printed “fake money” “become poorer due to inflation and taxes.”
For this same reason, Kiyosaki said that he remains “very optimistic”, but not only with respect to Bitcoin, but also with respect to gold and silver: he considers all of them to be safe haven assets to rely on during difficult times for markets and the economy. “Save Bitcoin,” he tweeted.
Kiyosaki first started citing the reason why the US government printed US dollars for huge Bitcoin growth in the future back in 2020 when the pandemic hit the world. The United States, along with other large countries, began supporting households and businesses by issuing financial assistance. Households received “survival checks” of $1,200.
Bitcoin will reach $350,000 in 2025, according to Kiyosaki
In December 2024, Robert Kiyosaki surprised the community by saying that he expects the world’s largest cryptocurrency, Bitcoin, to skyrocket to $350,000 in 2025. Since then, he has made the same prediction twice, doubling it.
In a tweet this week, as early as 2025, the financial expert slightly adjusted his prediction, sharing that he expects Bitcoin to skyrocket to a low of $175,000 and may then extend the rise to the aforementioned $350,000 price level.
The author of “Rich Dad, Poor Dad” is betting on the newly elected American leader who promised that the United States will adopt Bitcoin and other cryptocurrencies and create a strategic reserve of Bitcoin, purchasing BTC during the next four years of his presidency.
That prediction came as the Bitcoin community celebrates the 16th anniversary of the mining of the Bitcoin Genesis block. The mysterious Satoshi Nakamoto launched Bitcoin by mining the first block on January 3, 2009.
