“I Hope Bitcoin Crashes” Says Robert Kiyosaki
Highlights
- Robert Kiyosaki slams Bitcoin crash speculators as market sentiment flips negative.
- Kiyosaki showed conviction in buying the BTC dips with a long-term target of $1 million.
- Despite a weakening US Dollar Index, bulls have yet to push BTC above $109,500 for new all-time highs.
Robert Kiyosaki, author of Rich Dad Poor Dad, has recently predicted a potential crash in the Bitcoin price. Bitcoin bulls were struggling to push the price past the $109,500 resistance, with traders showing little enthusiasm. Meanwhile, Kiyosaki forecasts Bitcoin’s potential decline amid growing expectations of a drop to $90,000.
Robert Kiyosaki Says He Welcomes a Bitcoin Crash
In his message on the X platform, Robert Kiyosaki fired back at Bitcoin skeptics, while dismissing crash warnings as fear tactics aimed at shaking out weak hands. His comments come as the crypto market faces strong selling pressure, with BTC failing to surpass the $109,500 resistance. In his message on the X platform, Kiyosaki wrote:
“CLICK BAIT Losers keeps warning of a Bitcoin crash. They want to frighten off the speculators. I hope Bitcoin crashes. I will only buy more. Take care”.
Reaffirming his long-term bullish stand on Bitcoin, Kiyosaki stated that any sharp Bitcoin correction would present a fresh buying opportunity. Robert Kiyosaki is a long-term Bitcoin bull and expects BTC to hit $1 million in the long term by 2030. His comments come amid heightened market volatility and increasing speculation around BTC’s near-term trajectory.
For the near term, Kiyosaki is more bullish on Silver, among all asset classes, and expects it to explode in July. He also believes that the Silver price could 3x to $105 by the end of the year. He further added that any Bitcoin dip could be an opportunity to buy for the long term. Currently, BTC price is facing rejection at $109,500 while macro factors like the falling US Dollar Index support the upside.
Will BTC See All-Time High Soon?
With US President Donald Trump passing the ‘Big Beautiful Bill’ and the US Dollar Index showing weakness, Bitcoin can get an upside thrust from here, hitting fresh all-time highs. Historically, Bitcoin shares an inverse correlation with USD, and thus, BTC should continue its upside from here. Furthermore, Bitcoin has been effectively following the Global M2 money trail, and so eyes and upside to $170K.
Crypto market experts remain divided over where BTC is heading next from here. Veteran trader Peter Brandt predicts an upside to $190K, however, Arthur Hayes expects a drop to $90 ahead of the Jackson Hole event in August.
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