Robert Kiyosaki, Author of 'Rich Dad Poor Dad' Warns That the BTC 'Bubble' Could Burst Soon

Robert Kiyosaki has a contrarian view compared to most cryptocurrency analysts on Monday, with a pessimistic prediction that the Bitcoin "bubble" could soon burst, along with gold and silver. "The Bubble is About to Burst," the author of "Rich Dad Poor Dad" said on Monday, adding that when these bubbles burst, "There is a High Possibility that Gold, Silver, and Bitcoin will also Burst," and that is when he will begin to buy in.

These comments came after his earlier statements celebrating Bitcoin's all-time high price of over $120,000 last week, when he said that the new peak price is "bad news for those who... for some reason... have never 'Pulled the Trigger'", because "They Own Nothing".

At that time, he also warned against falling into the trap of over-investment. "The pig gets fat, the pig gets slaughtered. I will buy another [Bitcoin]... and get fatter," he said, then asserted that he would not buy anymore "until I know where the economy is headed." However, his most recent comments seem to contradict his comments about X in early July, when he criticized the "losers for the sake of clickbait" who continuously warned about the collapse of Bitcoin because "they want to scare off the speculators." Contrarian Comments About Bitcoin Meanwhile, the market report "Brew Markets" indicates that Kiyosaki has repeatedly posted about the collapse of the stock and cryptocurrency markets and has been wrong many times.

Moreover, there are some speculations that the Bitcoin treasury may exhibit bubble characteristics, with many companies facing a potential "death spiral" if BTC prices drop sharply. However, the director of Bitcoin Strategy, Joe Burnett, stated that they are not a bubble because most people still do not understand the underlying asset, let alone the companies buying it. Bitcoin fund management companies do not use their capital to experiment, "they deploy capital immediately into Bitcoin, not into an idea, but into the currency itself," he said. Please Research Yourself Apollo Capital's investment director, Henrik Andersson, told Cointelegraph that investors would be better off "doing their own research rather than listening to 'influencers'". Meanwhile, NFT collector and founder of the Furyou collection, "Cape", pointed out on X that Bitcoin has been labeled a bubble and a scam annually since its inception.

Market Cycle Repeats Bitcoin is a cyclical asset with a market cycle lasting about four years. It has traded in this pattern since its inception, and 2025 will mark the peak year of the bull market if history repeats itself and this cyclical pattern continues. Analysts predict that BTC could peak between $130K and $200 before the end of this year. Additionally, CoinGlass's bullish market signal dashboard still indicates that the peak is far from being reached, as none of the 30 indicators show that the peak is near.