Rich Dad Poor Dad author Robert Kiyosaki has reiterated his claims over a potential market crash ahead. In a recent social media post, the renowned author revealed the potential timeline for the “biggest market crash in history”, which has gained notable traction from investors. However, it’s worth noting that Kiyosaki has remained bullish on Bitcoin despite the recent dip, considering the flagship crypto as a safe haven during this turmoil.
Robert Kiyosaki Reveals Timeline For “Biggest Market Crash”
Renowned Rich Dad Poor Dad author has sparked discussions in the financial market with his recent prediction over a potential market crash. Notably, this comes amid a downturn noted in the broader crypto market today.
Meanwhile, in a recent X post, Robert Kiyosaki reaffirmed that the “biggest market crash” is coming. According to him, the market will start crashing this February, which has triggered widespread discussions in the broader financial market.
Rich Dad Poor Dad Prophecy Coming True
Robert Kiyosaki noted that the market crash is likely, as predicted in his Rich Dad’s Prophecy in 2013. However, he deemed the looming crash as “Good news” as every asset “goes on sale” during this turmoil. He noted that cars and houses are already on sale now.
In addition, Kiyosaki said that the stock and bond markets will witness an outflux of “billions” of dollars, which he deemed as “Better news.” According to him, the funds will outflow from the traditional markets to Bitcoin, indicating BTC’s emergence as a safer haven during this turmoil.
Will Bitcoin Emerge As A Safe Haven?
The Rich Dad Poor Dad author said that Bitcoin will continue its upward run despite the broader market crash, as investors will shift focus to digital assets. He urged investors to start moving towards Bitcoin, and precious metals like gold and silver.
In addition, Kiyosaki said that “even one Satoshi will make you rich, while millions lose everything.” This showcases the author’s optimistic outlook towards the flagship crypto. Besides, it also reflects his confidence in BTC, emerging as a safe haven during this turmoil.
Bitcoin & Crypto Crash Fuels Concern
This bold prediction of Robert Kiyosaki appears to give relief to the BTC investors amid a broader crypto market crash. Notably, the global crypto market cap slipped nearly 8% today, with Bitcoin and the major altcoins recording a sharp decline.
Bitcoin price today was down nearly 6% and traded below the brief $99K level. Besides, recently BitMEX co-founder Arthur Hayes predicted a likely BTC correction to $70K but remains confident about the long-term trajectory of the crypto. According to him, BTC will hit $250K by 2025 end, which has further fueled market optimism.
However, amid the recent market crash, top altcoins like Ethereum, XRP, Solana, Dogecoin, and others have also recorded a slump between 7% and 13%. This reflects the heavy selling pressure in the market as investors traded cautiously ahead of the Fed’s rate cut decision and other major events scheduled later this week.
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