Robert Kiyosaki, the renowned financial guru and author of “Rich Dad, Poor Dad,” has recently shared an optimistic outlook for Bitcoin’s future value. Following a significant market downturn, Kiyosaki anticipates a surge in the cryptocurrency’s price.
As of the latest reports, Bitcoin has experienced a downturn since June, currently trading at approximately $57,200, marking a two-month low.
On July 3, Kiyosaki pointed out that certain technical indicators suggest we may be nearing the largest financial crash in history. He predicts a downturn in the markets for real estate, stocks, bonds, gold, silver, and Bitcoin. However, he also foresees a significant long-term bullish trend beginning around late 2025.
Kiyosaki’s statement reads: “The largest drop in history is on the horizon, according to technical indicators. We’ll see a decline in the markets for real estate, stocks, bonds, gold, silver, and Bitcoin. The silver lining? An excellent opportunity for bargain hunting is approaching. Technical indicators also signal the onset of a major long-term bull market cycle, which will commence in late 2025, propelling prices upward for years to come. This is the boom that investors in gold, silver, and Bitcoin have been anticipating. The patience they’ve shown will be handsomely rewarded. They’ve been aware of this impending long-term bull market cycle.”
In his analysis, Kiyosaki emphasizes that gold, silver, and Bitcoin will rebound strongly after the predicted fall, reaching new all-time highs. He speculates that during this bull market, Bitcoin could astonishingly climb to $10 million per coin.
Post-crash, Kiyosaki asserts: “Gold, silver, and Bitcoin are poised to ascend once more, achieving unprecedented peaks. Gold could reach around $15,000 per ounce, silver might hit $110 per ounce, and Bitcoin could effortlessly soar to $10 million per coin.”
Currently, Bitcoin is valued at $56,939.39, having decreased by 5.7% in the past 24 hours.
**Disclaimer**: The opinions expressed by the author or any individuals mentioned in this article are solely for informational purposes and should not be considered as financial, investment, or other forms of advice. Cryptocurrency investments and trading come with the risk of financial loss.
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