Bitcoin’s Wild Ride: Is Kiyosaki Right About the Coming Crash? You Won’t Believe This!

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So, Bitcoin (BTC) is finally breaking out of its little downward spiral, huh? You know, the one it’s been stuck in since it hit that ridiculous $109,000 high back in January. And now, billionaire Robert Kiyosaki, the guy behind “Rich Dad Poor Dad,” decides to pop up on X and tell us that if you’ve got Bitcoin, gold, or silver, you might just be the last one standing when the market goes belly up. Great, thanks for the heads up, Robert! 🙄

Kiyosaki asks “Are you listening?”

Oh, and Kiyosaki, in his infinite wisdom, posted on Sunday that gold is at an “all-time high,” silver is “exploding,” and Bitcoin is “roaring.” I mean, who knew? It’s like he’s the market’s personal cheerleader. And then he hits us with the classic line:

“Are you listening?”

Yeah, Robert, we’re all ears! Just like we were when you wrote your last book, “Who Stole My Pension?” Spoiler alert: It was probably the same people who are about to crash the market. He’s convinced that the biggest stock and bond crash in history is knocking at our door. And guess what? It’s here! 🎉

In his post, he goes on a rant about how the “corrupt and crooked US dollar” is getting wiped out. Wow, that’s a hot take! He claims that savers of stocks, bonds, ETFs, and mutual funds are getting their wealth snatched away by this “sinister global banking cartel.” Sounds like a plot twist in a bad movie, doesn’t it? 🎬

But wait, there’s hope! Kiyosaki assures us that “it’s not too late.” If you’ve bought Bitcoin, gold, or silver, you could emerge from this “premeditated disaster” as the “new rich and the new leaders of the world.” So, basically, if you’re not hoarding precious metals or crypto, you’re just a loser. Thanks for the pep talk, Robert! 🙃

US still has much to do to avoid crash

If Kiyosaki is right (and let’s be honest, he’s been right before, but who’s counting?), it looks like the US and China might not be trading any time soon. And with the US struggling to refinance its debt, things could get even messier. But hey, the stock market rallied last week! The S&P 500 might even hit $5,800 again. But don’t get too excited; the 10-year bond yield is still high, and refinancing $7 trillion in debt? Good luck with that! 😬

$BTC breaks through 3-month downtrend and confirms above

Now, let’s talk about Bitcoin. It’s broken through that pesky descending trendline and confirmed it. Wow, what a breakthrough! The bulls are feeling good, but they need to take out that last local swing high at $88,600. If they do, we might just be on the road back to that ludicrous $109,000 high. Fingers crossed! 🤞

Weekly indicators turn bullish for $BTC

Looking at the weekly Bitcoin chart, it’s like watching a soap opera. The price is flirting with the top of the previous bull flag, which could be a strong support level. The Relative Strength Index is bouncing back from a strong support structure. And the Stochastic RSI? It’s tilting back up! If those lines can pass the 20.00 level, we might just see some serious upward momentum. Or, you know, it could all crash and burn. Who knows? 🤷‍♂️

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2025-04-14 13:00