Robert Kiyosaki, the author of the famous financial literacy book “Rich Dad Poor Dad”, shared a new post. The famous writer, who spoke of the coming of a great economic collapse many times before, repeated his prediction. Kiyosaki said that the great collapse of the US dollar and the economy is imminent. He then urged investors to buy Bitcoin, silver and gold. It seems that the investment legend has maintained its support for BTC for two years.
“The big crash is coming, Bitcoin and get them”
In his tweet, Kiyosaki said that even as food and fuel prices go up, average people can only see these microeconomic things. According to him, macroeconomic issues are invisible to them. This is why the investment myth says that people should save not only Bitcoin, but also silver and gold. Also speaking about the US dollar, Kiyosaki predicts a collapse. According to him, the FED printed $6 trillion in 2020 alone. Therefore, a major collapse in the dollar is imminent.
As we have reported as Kriptokoin.com, the FED is also making interest rate increases. The central bank has increased interest rates several times this year. In addition, some of these increases have been the largest in the last decade. For all these reasons, Kiyosaki predicts a massive collapse in the dollar. According to the analyst, the dollar is likely to experience its biggest drop since the 1990s. In addition, if this happens, it will pave the way for a collapse in all financial markets.
“Silver will explode in the coming years”
In the tweet in question, the author of “Rich Dad, Poor Dad” is betting on silver once again. He says silver has so many benefits in a variety of industries. He then predicts that the precious metal will rise in value over the next few years. He also states that investing in the asset is easy as anyone can buy silver for $20. However, according to him, people prefer not to take advantage of this opportunity.
“Bitcoin risks falling below $19,000”
While Kiyosaki’s predictions are good for crypto investors, the current price situation is not very encouraging. Bitcoin lost the $20,000 level again with the drop that emerged last week and is currently changing hands at $19,350. Now analysts like Ali Martinez say it is vital for BTC to maintain the $19,000 level.
Ali Martinez reviewed data provided by the IntoTheBlock analytics aggregator. As a result, it revealed that $19,000 is currently the most important support level. The level is significant as it is where 1.3 million wallets hold more than 680,000 BTC. Sharing on the subject, IntoTheBlock said that a drop below $ 19,000 could bring big negatives. Below this level, there is little or no support for Bitcoin, according to the firm.
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