Robert Kiyosaki Predicts “Biggest Crash in History,” Urges Boomers to Buy Bitcoin, Gold, Silver

Robert Kiyosaki, author of the best-selling personal finance book Rich Dad Poor Dad, has once again issued a stark warning to investors. He has been an advocate of Bitcoin USD.

Kiyosaki has predicted an imminent financial crash that could impact fundamental markets like real estate, stocks, and bonds, urging his followers to prepare by investing in Bitcoin, gold, and silver. His comments come as Bitcoin reaches a historic milestone, surpassing $100,000 for the first time.

Kiyosaki’s Warning to Boomers: Prepare for a Market Crash

Kiyosaki specifically addressed his Baby Boomer generation, warning that they will be the most affected when the predicted crash occurs. He emphasized that while Boomers benefited from economic booms in the 1970s, their old age is likely to trigger a bust in real estate, stocks, and bonds. “In the 2020s, Boomers’ old age will cause real estate and stock and bond market BUST,” he explained.

Kiyosaki pointed out that Boomers had been fortunate in previous decades, with their investments fueling the growth of real estate and 401(k)-driven stock and bond markets. However, he cautioned that these same markets are now at risk of collapsing. To counter this risk, he advised selling homes, stocks, and bonds while prices are high and redirecting that capital into Bitcoin, gold, and silver.

Bitcoin Price Predictions: $200K Target by 2025

While Kiyosaki warns of a financial crisis, others are optimistic about Bitcoin’s future. Standard Chartered’s Geoff Kendrick, Global Head of Digital Assets Research, has predicted that Bitcoin’s price could surge to $200,000 by the end of 2025. Kendrick’s analysis attributes Bitcoin’s recent rally, which pushed it past the $100,000 mark, to growing institutional interest and the launch of spot Bitcoin ETFs.

Kendrick believes the influx of institutional capital into Bitcoin will remain strong, particularly as regulatory changes under President-elect Donald Trump are expected to boost the crypto sector.

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“In 2025, we expect institutional flows to continue at or above the 2024 pace. Against this backdrop, we think our end-2025 Bitcoin price target around the $200,000 level is achievable,” Kendrick noted.

Kendrick also anticipates that pension funds will increase allocations to spot Bitcoin ETFs in 2025. He stated that Bitcoin’s price will become more bullish if retirement funds or sovereign wealth funds decide to increase their Bitcoin holdings. As Kendrick notes, this institutional participation may act as a formative process and secure the status of Bitcoin as an investment asset.

At the time of writing, the Bitcoin USD price is at $95,807 after experiencing a bearish spike from the recent high of $101,215. The coin has been trading 1.51% lower today as traders may be taking in profit after the BTC rallied past the $100K mark. However, most analysts believe that this has been a short-term correction and that in the long run, the Bitcoin trend is still upward.

The immediate support levels of Bitcoin are located at $94,000, while the longer-term support is identified at $87,000.

On the flip side, Bitcoin needs to reclaim $98,270 for bulls to regain control as $100k remains a psychological barrier. Market observers believe that the Bitcoin movement will be triggered by profit-making and market sentiment.

Source: https://www.thecoinrepublic.com/2024/12/11/robert-kiyosaki-predicts-biggest-crash-in-history-urges-boomers-to-buy-bitcoin-gold-silver/

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