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Robert Kiyosaki is warning that asset bubbles, including Bitcoin, gold and silver, are on the verge of bursting.
Despite celebrating Bitcoin’s recent high, Kiyosaki is urging investors to exercise caution and plans to buy after a market correction.
Some analysts argue that Bitcoin is misunderstood and undervalued, not in a bubble.
Market cycles show that Bitcoin could still peak this year, but short-term volatility is still an issue.
Robert Kiyosaki, the bestselling author of Rich Dad, Poor Dad, is once again sounding the alarm over the financial markets. Despite the recent bullish momentum in the crypto space, Kiyosaki is warning that we’re nearing a major turning point.
According to him, a market-wide bubble is set to burst, and it won’t spare safe havens like gold, silver or even Bitcoin.
His warning comes at an interesting time, with Bitcoin recently surging past $120,000 and setting a new all time high.
The total crypto market cap is edging close to $4 trillion, according to data from CoinMarketCap. This move is driven by strong gains in assets like Ethereum, XRP and Dogecoin.
At the same time, economic headlines are sounding more optimistic, and interest rates are holding steady. On the surface, it seems like the perfect setting for a strong bull run.
However, Kiyosaki is pointing to a darker force underneath it all. US debt is ballooning at over $34.9 trillion, and the national debt is becoming one of the government’s largest expenses.
In addition, the rising interest payments are raising doubts about the sustainability of the system, at least in the long term.
According to Kiyosaki, this economic instability could be a ticking time bomb that could trigger a financial meltdown across markets.
He believes that the incoming debt crisis could worsen the effects of any correction, even in inflation-resistant assets like Bitcoin.
Even though Kiyosaki has long advocated for investing in Bitcoin, gold, and silver, his latest remarks show that caution is important toward short-term overexposure.
When Bitcoin hit its previous high, he celebrated. However, he did so with a warning: “Pigs get fat, hogs get slaughtered.”
He advised against being overly greedy and even clarified that while he is adding one more Bitcoin to his holdings, he won’t buy more until he sees where the economy is headed.
That said, he hasn’t lost faith in Bitcoin entirely. He merely preaches timing, not rejection.
Kiyosaki’s predictions have not always been accurate. Critics have pointed out that he has issued similar warnings in the past, some of which did not materialize.
A market newsletter called Brew Markets pointed out his track record of predicting market crashes and noted that his comments often correlate with S&P 500 trends.
He has also contradicted himself at times. Earlier this month, Kiyosaki mocked analysts who called Bitcoin a bubble, branding them “clickbait losers.” But his latest warning seems to align more with the very fears he previously dismissed.
This inconsistency has been a major source of debate within the investment community. Some argue that Kiyosaki’s statements show the emotional volatility of markets themselves:
Bullish one week, bearish the next.
Bitcoin’s price movements tend to follow a four-year cycle. Historically, this pattern has held true since its creation in the late 2000s. This means that if the cycle continues, this year could be the peak of the current bull run.
Some analysts predict that Bitcoin could rise to between $130,000 and $200,000 before the end of this year. In support of this view, the CoinGlass bull market dashboard shows that none of its 30 indicators indicate that we’re near a market top.
That means that despite Kiyosaki’s warning, the current cycle might have more room to run:
Even though it might battle with some bumps along the way.