Robert Kiyosaki, author of Rich Dad Poor Dad, took a bearish turn on Monday, expressing concern that Bitcoin—along with gold and silver—may soon be headed for a major correction. “Bubbles are about to start busting,” Kiyosaki warned, suggesting that when the current economic bubbles pop, assets like Bitcoin, gold, and silver are likely to follow suit. That, he added, is when he plans to start buying again.
The statement marks a shift from his more bullish stance just last week, when he celebrated Bitcoin’s surge past $120,000. At the time, he called the milestone “bad news” for those who never invested, saying, “They own nothing.”
Even then, Kiyosaki urged caution, advising investors not to overextend themselves. “Pigs get fat, hogs get slaughtered,” he wrote, noting that he was buying “one more [Bitcoin]” but would hold off on further purchases until he had a clearer picture of the broader economic outlook.
Interestingly, his latest remarks appear to contrast with his early July post on X (formerly Twitter), where he criticized what he called “clickbait losers” for constantly predicting a Bitcoin crash, accusing them of trying to scare off speculators.
Kiyosaki’s shifting tone reflects growing uncertainty in the market, as investors weigh the risks of inflated asset prices against long-term opportunities.
Contrary comments on Bitcoin
Meanwhile, the market newsletter “Brew Markets” pointed out that Kiyosaki has repeatedly posted about stock and crypto market crashes and has been wrong on several occasions.
Some analysts have raised concerns that Bitcoin treasury holdings may be showing signs of a bubble, warning that a sharp drop in BTC prices could trigger a “death spiral” for companies heavily invested in the cryptocurrency.
However, Joe Burnett, Director of Bitcoin Strategy, pushed back against that narrative, arguing that Bitcoin treasuries aren’t speculative bubbles. According to him, the general public still doesn’t fully grasp the nature of Bitcoin—let alone the motivations of the companies acquiring it.
“These companies aren’t using their capital to gamble on a concept,” Burnett explained. “They’re deploying it directly into Bitcoin—not into an idea, but into money itself.”
Do your own research
Henrik Andersson, Chief Investment Officer at Apollo Capital, advised investors to rely on their own research rather than following the opinions of online “influencers,” according to a statement he made to Cointelegraph.
At the same time, NFT collector and founder of the Furyou collection, known as “Cape,” noted on X that Bitcoin has been repeatedly dismissed as a bubble or scam nearly every year since it was created.
Market cycles repeating
Bitcoin has historically followed a four-year market cycle, with each cycle consisting of periods of accumulation, growth, and correction. Since its inception, the asset has consistently traded within this pattern—and if history repeats, 2025 would represent the peak of the current bull market.
Analysts have projected that Bitcoin could reach a high of between $130,000 and $200,000 before the end of this year.
Supporting this outlook, the CoinGlass Bull Market Signal dashboard indicates that the market has not yet reached its top. None of the 30 key indicators currently suggest that a peak is imminent.
