If BTC Price Crashes to $300, Here’s What Robert Kiyosaki Would Do

Rich Dad Poor Dad author Robert Kiyosaki has once again made headlines with his recent hint of what will happen if the BTC price crashes to $300. In a recent X post, Kiyosaki hinted that the US might enter into a “Great Depression” period and Bitcoin price might witness a massive crash. However, despite that, he has doubled down on the flagship crypto, reflecting his long-term outlook on the flagship crypto.

Robert Kiyosaki Hints At BTC Price Crash To $300

Robert Kiyosaki has recently shared an X post, which has sparked speculations over a potential BTC price crash ahead. The Rich Dad Poor Dad author believes the world is on the edge of another financial meltdown. Drawing parallels with the 2008 global financial crisis, he suggests a deeper collapse is underway, one that could evolve into a “New Great Depression.”

According to him, the fear of rising unemployment is spreading “like a virus,” triggering economic panic worldwide. Referencing his earlier book Rich Dad’s Prophecy (2004), Kiyosaki reiterated that such crashes don’t have to be devastating.

“Market crashes mean real assets go on sale,” he stated. He emphasized that being prepared and not panicking can turn a crisis into an opportunity. For him and his peers, 2008 was one such golden window.

He posed a provocative question to his followers “If Bitcoin were to crash back to $300 a coin”, would you panic or celebrate? His message indicated that those who are prepared for a BTC price crash will thrive amid a downturn. Drawing on quotes from icons like Oprah Winfrey and Abraham Lincoln, he stressed the value of preparation. “Luck happens when preparation meets opportunity,” he wrote, echoing Winfrey.

What’s Next For Bitcoin Price?

Bitcoin value today was marginally down, but it still held the $95K support, despite a dip of over 14% in its trading volume to $24 billion. Despite that, the market watchers have remained optimistic about the future trajectory of the coin. In a recent update, Arthur Hayes predicted that BTC price is poised to hit $1 million by 2028, sparking market optimism.

Besides, the recent robust US Bitcoin ETF inflow has further bolstered confidence. This continuing strong flow into the asset indicates that the market is regaining confidence in the asset.

On-chain data is painting a largely positive picture for Bitcoin price in recent days. Bitcoin’s realized market capitalization has soared to a new peak, sparking chatter for a seismic price “explosion” in the coming weeks.

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.