Robert Kiyosaki Predicts Bitcoin Will Explode — Declares The Time To Buy BTC

Bitcoin is about to explode — It's time to buy, Kiyosaki says.

Robert Kiyosaki, author of Rich Dad Poor Dad, has once again made strong statements about the financial market, predicting both severe recessions and potential investment opportunities for those who are prepared. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Sellers list for over six years. More than 32 million copies of the book have been sold in over 51 languages in more than 109 countries.

On Wednesday, Kiyosaki advised his 2.6 million followers on the social media platform X to consider investing in bitcoin, predicting that prices will "explode" during what he calls "Uptober" and suggesting this could be the ideal time to buy.

Source: X

One day prior, he emphasized the potential of silver, encouraging investment "before prices hit $50.00." His long-standing support for precious metals and bitcoin reflects his broader belief in hard assets as a hedge against economic instability.

The renowned author has warned of an impending disaster in the market, calling it the "Everything Bubble," which he believes may soon give way to the "Everything Collapse." He believes this imminent collapse will include major assets, including gold, silver, and bitcoin, alongside a subsequent global recession. He hopes that "those who are prepared" will be able to take advantage of the aftermath, stating: "I intend to be one of the prepared... I intend to become even wealthier... and I want you to become wealthier too."

Kiyosaki recently reiterated his long-term forecast for bitcoin, suggesting it could drop to $5,000 in a crash but will ultimately soar, potentially reaching $100,000 to $250,000 per coin, and even up to $1 million by 2030.

Citing Jim Rickards' upcoming book, Money GPT, Kiyosaki noted Rickards' warning about artificial intelligence (AI) exacerbating financial instability, suggesting that bitcoin could benefit as people increasingly turn to alternative assets. Despite the risks, Kiyosaki's message encourages proactive financial planning, advising followers to research, join investment groups, and seek growth opportunities in the future.

Source: https://www.binance.com/en/square/post/15411841766921