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Cryptocurrency News Articles
Bitcoin May Crash. GOOD. Will Buy More after Prices Crash, Says Robert Kiyosaki
Feb 09, 2025 at 04:02 am
As the U.S. braces for the implementation of Donald Trump's tariff policies starting February 1, financial expert and author of Rich Dad Poor Dad
Financial expert and author of Rich Dad Poor Dad, Robert Kiyosaki, has issued a stark warning about the future of Bitcoin, predicting that the cryptocurrency, along with gold and silver, could experience a significant price drop as Donald Trump’s tariff policies begin rolling out on February 1. However, the famous investor sees this potential crash as a golden opportunity to buy more of these valuable assets at discounted prices.
Kiyosaki’s Bitcoin Prediction: A Sharp Dip Incoming?
In a recent tweet, Robert Kiyosaki outlined his concerns about the global financial markets, stating that the price of Bitcoin may face a sharp decline as Trump’s new tariff policies take effect. Despite this cautionary statement, Kiyosaki’s approach is optimistic for long-term investors.
Kiyosaki’s tweet reads: “Gold, silver, Bitcoin may crash. GOOD. Will buy more after prices crash.” For him, financial crashes are merely opportunities to purchase valuable assets at lower prices, much like sales in a store. With Bitcoin currently fluctuating between $101K to $106K, many in the crypto community are wondering if this predicted dip could create the perfect moment to buy the dip and potentially increase their positions.
How Trump’s Tariffs Could Impact Global Markets, Including Bitcoin
Kiyosaki’s warning about Bitcoin comes at a time when market volatility is expected to rise, particularly with the anticipated tariff policies set to influence both traditional financial markets and the cryptocurrency sector. As Bitcoin is often viewed as a hedge against inflation and economic instability, it’s possible that the implementation of Trump’s tariffs could cause uncertainty and fluctuations in the global economy, potentially leading to a dip in Bitcoin’s price.
The Debt Crisis: A Bigger Concern for Kiyosaki
While Kiyosaki is generally optimistic about purchasing assets during market corrections, he highlights a more significant issue in the economy that could have far-reaching consequences: rising debt levels. According to Kiyosaki, debt is the “real problem,” and it’s only going to get worse. While market crashes can be managed through strategic investments, Kiyosaki believes that the increasing levels of debt present a deeper issue that will continue to create turbulence in the global financial landscape.
Bitcoin’s Key Price Levels: Support and Resistance
Kiyosaki’s Bitcoin forecast aligns with other prominent crypto analysts, including Arthur Hayes, who expects a short-term decline in Bitcoin’s price, possibly dropping to around $70,000 before a major rally towards $250,000 kicks in.
On-chain data from Glassnode also reveals a significant Bitcoin price cluster between $94,000 and $101,000, highlighting a critical support level near the $98,000 mark. If Bitcoin can hold above this range, it may maintain its bullish momentum. However, if the price falls below $94,000, traders should be prepared for a potential price drop to $90,000 or even lower, which could further fuel the market uncertainty.
Looking Ahead: What Does This Mean for Bitcoin Investors?
As Bitcoin continues to show signs of volatility in the lead-up to Trump’s tariffs, many investors are considering the potential implications of a price drop. For those who have been waiting to enter the market or expand their portfolios, Kiyosaki’s optimistic view could present the opportunity of a lifetime. The key is monitoring Bitcoin’s price movements closely, especially around critical support levels like $98,000, to decide when to act.
With both long-term market uncertainty and potential short-term price fluctuations, Bitcoin investors may need to prepare for a bumpy ride ahead. However, for those with a strategic, long-term approach, market dips could be seen as an ideal buying window to accumulate more of this increasingly popular digital asset.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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