Kiyosaki Predicts Collapse, Targets Bitcoin At $250K

Author Robert Kiyosaki, known for “Rich Dad Poor Dad,” has updated his price targets for Bitcoin, gold, and silver amid expectations of an impending economic collapse. Kiyosaki stated he is continuing to purchase these assets, declaring, “The crash is coming, so I’m not selling, I’m buying.” He forecasts Bitcoin reaching $250,000, gold hitting $27,000, and silver reaching $100.

Kiyosaki believes these assets provide a hedge against what he describes as “fake money” printed by central banks. He bases his gold target on projections from economist Jim Rickards, while his Bitcoin forecast aligns with his long-held thesis that it serves as a safe haven against the Federal Reserve.

Kiyosaki also expressed optimism regarding Ethereum (ETH), citing the perspectives of Tom Lee. He highlights Ethereum’s unique position within the global financial system, emphasizing its role in powering the stablecoin ecosystem.

Reiterating his “Savers Are Losers” sentiment, Kiyosaki accused the U.S. Treasury and Federal Reserve of printing “fake money” to manage debt, describing the U.S. as the “most indebted country in history.” He urges investors to move towards real assets, even during market downturns.

On-chain data suggests a potential recovery for Bitcoin. Analytics platform Crypto Crib reported that Bitcoin’s MVRV ratio has returned to 1.8, a level historically preceding gains of 30% to 50%.

Former BitMEX CEO Arthur Hayes recently suggested that the U.S.’s increasing debt will force the Federal Reserve into a “stealth QE” process. Hayes predicts that this will increase dollar liquidity, potentially boosting the prices of Bitcoin and other cryptocurrencies.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.