​Robert Kiyosaki predicts a massive crash of the crypto market in February

What’s new? Robert Kiyosaki, an American entrepreneur and author of the bestseller “Rich Dad, Poor Dad,” believes that a massive market crash will soon begin, causing all assets, including cryptocurrencies, to plummet. After the fall, he believes, the US Federal Reserve System (Fed) will be forced to print billions to support the economy, reducing the value of the dollar. In such a scenario, gold, silver, and bitcoin will rise sharply by 2025, “because faith in US dollar, fake money, will be destroyed,” Kiyosaki predicts.

Giant crash coming. Depression possible. Fed forced to print billions in fake money. By 2025 gold at $5,000 silver at $500 and Bitcoin at $500,000. Why? Because faith in US dollar, fake money, will be destroyed. Gold & Silver Gods money. Bitcoin people’s $. Take care. — Robert Kiyosaki (@theRealKiyosaki) February 13, 2023

What else did Kiyosaki write? The entrepreneur predicts that by 2025, gold and silver will be worth $5000 and $500 and BTC will be worth $500 000. Kiyosaki called precious metals “Gods money” and the first cryptocurrency “people’s” money.

According to Kiyosaki, the approaching economic collapse is also indicated by massive layoffs in Silicon Valley, where 144 000 people were laid off in 2022. Another 66 000 layoffs are expected in 2023, he noted.

CRASH is here. Silicon Valley first dominos fall laying off 144,000 in 2022. 66,000 more 2023. VALENTINES DAY MASSACRE predicted by Stansberry Research. Everything will crash including prices gold, silver, BC. Do not panic. Good news. I will buy more G,S,BC, real money w/ fake $. — Robert Kiyosaki (@theRealKiyosaki) February 10, 2023

As of February 13, 14:10 UTC, BTC is trading at $21 607, down by 0,95% in 24 hours, according to Binance.

In September 2022, Kiyosaki called for buying cryptocurrencies. In his opinion, this should be done against the backdrop of the impending collapse of all markets combined with the decline of the economic system. In October, Kiyosaki advised buying bitcoin, gold, and silver and said that the collapse of the dollar may happen in January 2023.

In January, Kiyosaki cited US poverty as a possible reason for bitcoin’s rise, explaining that the worsening financial condition of citizens could stimulate demand for alternative investment products.