Robert Kiyosaki Reaffirms Warning of Major Market Crash
The crypto market is showing signs of recovery as investor sentiment shifts towards optimism.
Bitcoin has crossed the $60,000 mark, driven by expectations of potential Federal Reserve rate cuts. This has led to a more than 2% rise in the total market cap, bringing some relief to investors. However, Robert Kiyosaki’s dire prediction of a significant market crash still hangs over the community.
Robert Kiyosaki, known for his “Rich Dad Poor Dad” series and his critical stance on government policies, is a strong advocate for Bitcoin. He frequently shares his market forecasts, and his latest prediction warns of an impending major crash.
Kiyosaki’s Market Crash Warning In June, Kiyosaki predicted a massive crash that would impact Bitcoin, gold, stocks, bonds, real estate, and more. This forecast suggested a severe decline in asset values, leading to substantial investor losses.
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After this prediction, the crypto market did experience a sharp drop but managed to recover. Now, as the market faces new challenges, Kiyosaki has reiterated his warning on social media.
In his recent post, Kiyosaki expressed hope that his prediction would not come true but emphasized the need to be prepared for what he believes could be the biggest market crash in history. He suggests that tough times may be ahead, with either a soft or hard landing, but views this as an opportunity for those who are ready.
Kiyosaki has also criticized politicians like Kamala Harris, Jerome Powell, and Janet Yellen, calling them the “three stooges” and questioning their ability to manage the situation.