Rich dad predicted a crash and then a recovery.
In the past month, the trend of Bitcoin ($BTC) has been in a downturn. This week, it has fallen below three support levels of US$60,000, US$59,000, and US$58,000. As of this writing, it was US$56,719, a drop of more than 20% in the past 24 hours alone. 4%.
However, while Bitcoin is falling, many experts and scholars are still optimistic about it. Robert Kiyosaki, a well-known Bitcoin investor and author of the well-known American financial book "Rich Dad Poor Dad", is on X (formerly Twitter Twitter) predicted the coming crash, calling it a "great opportunity."
The lower you squat, the higher you jump?
Rich dad first quoted a passage from the Finfluencer report, saying that technical charts show that the worst crash in history is coming, and that this crash will affect stocks, real estate, commodities, and cryptocurrencies including Bitcoin (BTC) .
Rich dad has been warning that the current economic system is extremely unstable and about to collapse. Many experts have also warned that an economic recession may occur. In the case of macroeconomic collapse, the inevitable risk asset market will also suffer a certain degree of impact. .
But for rich dad, although the collapse of the existing economic system may affect the prices of assets such as Bitcoin, gold, and silver in a short period of time, he also mentioned the history of the currency collapse of the German mark and Zimbabwe: "For fake money, Confidence is gradually disappearing.”
Is Bitcoin Ready to See $10 Million?
He believes that the crash will provide investors with an excellent opportunity to buy on the dip, because the market will usher in a sharp recovery after a major crash, and then Bitcoin, gold and silver will rise for many years, and investors in these assets will continue to benefit themselves. buy and get huge returns.
"They know they have to be patient. They know their time has come. "
Rich dad predicted that this recovery might begin by the end of 2025 and set very optimistic price targets for his “3 favorite assets”:
Bitcoin hits $10 million
Gold price rises to $15,000
Silver hits $110 an ounce
Currently, the price of Bitcoin is US$56,659, the price of gold is US$2,355, and the price of silver is about US$30. The prediction of US$10 million per Bitcoin may be a bit exaggerated, but rich dad’s fixed investment rules are indeed simple and effective. What is certain is that The next few years will be a period full of challenges and opportunities.
[Disclaimer] There are risks in the market, so investment needs to be cautious. This article does not constitute investment advice, and users should consider whether any opinions, views or conclusions contained in this article are appropriate for their particular circumstances. Invest accordingly and do so at your own risk.
