Kiyosaki's Crash Course: $750K BTC, $95K ETH & the 'Biggest Bubble' Waiting to Pop
Robert Kiyosaki, the ‘Rich Dad’ author who’s pivoted to being crypto’s favorite motivational uncle, is now shouting from the rooftops about what he dubs the “biggest financial bubble in history.” According to him, this balloon has been inflating since 2008 and is about to go pop, with the ensuing chaos rocketing Bitcoin to a cool $750,000 and Ethereum to $95,000 within a year of the big bang.
His post-apocalyptic shopping list doesn't stop there. He’s also forecasting gold at $35,000 an ounce and silver at $200 an ounce – a full-scale re-rating of hard assets for when everyone finally realizes their fiat is just fancy, government-sponsored toilet paper.
True to his preaching, Kiyosaki is putting his money where his mouth is, degen style. He recently disclosed scooping up another 1 BTC around $67,000 and claims he’d keep buying with the same enthusiasm even if the price took a scenic route back down to $6,000.
Of course, the skeptics are having a field day, pointing out his impressive track record of missed crash calls – including his prophetic swings and misses in 2016 and 2020. Critics argue his price targets have less rigorous modeling behind them than a meme coin’s whitepaper, with one summing it up as simply “throwing out big numbers to grab attention.”
The timing of his latest prophecy is certainly… spicy. The Fed is playing it cool with steady rates and fewer promised cuts, while geopolitical tensions in the Middle East are hotter than a GPU during a mining boom. Meanwhile, Bitcoin’s 30-day correlation with equities is at its highest level this year, suggesting it’s getting uncomfortably cozy with the very traditional markets it’s supposed to escape.
Whether you view Kiyosaki as a sage or a master of the hype cycle, his latest warning is landing on a macro landscape that looks shakier than a newbie’s hands during a leveraged long squeeze.
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