Robert Kiyosaki Seeks Bitcoin Crash to Boost Holdings

Robert Kiyosaki, the author of the best-selling book "Rich Dad Poor Dad," has expressed his desire for a Bitcoin price decline, viewing it as an opportunity to increase his holdings. Kiyosaki, known for his advocacy of hard assets like Bitcoin, recently shared his thoughts on his official X account, stating that he hopes for a Bitcoin crash to buy more of the cryptocurrency. His strategy is based on the belief that Bitcoin's scarcity and its potential as a hedge against inflation make it a valuable long-term investment.

Kiyosaki's comments reflect his long-standing views on the current financial system, which he believes is rigged in favor of the wealthy and powerful. He has warned that the U.S. dollar has lost 95% of its purchasing power, hurting savers, and sees Bitcoin as a potential solution to this problem. Kiyosaki's perspective influences retail sentiment more than institutional investors, aligning with his history of promoting accumulation strategies during market corrections.

Kiyosaki's optimism about Bitcoin's long-term prospects is shared by many in the crypto community. Despite short-term volatility, a significant majority of Bitcoin holders remain in profit. This is reflected in the Crypto Fear and Greed Index, which indicates a strong "greed" phase, signaling investor confidence and buying interest. Additionally, the Altcoin Season Index points to a dominant "Bitcoin season," where BTC is outperforming most major altcoins.

However, not everyone is convinced by the bullish sentiment. Some analysts have predicted a potential Bitcoin retracement to the $90,000 range, citing the asset's repeated failure to break past key resistance zones and relatively subdued trading volumes. Despite these concerns, Kiyosaki remains firmly optimistic about Bitcoin's future, viewing price drops as prime opportunities for strategic accumulation. He has stated that he will be saying, “I will wish I had bought more at $107,000. At a $107,000 Bitcoin was priceless.” This sentiment underscores his belief in Bitcoin's long-term value and potential for significant price appreciation.

Kiyosaki's recent statements have not directly caused significant market shifts or institutional responses. Bitcoin experienced minor recent slippage, but analysts do not attribute this to his statement. Kiyosaki continues to prioritize Bitcoin over traditional fiat due to concerns regarding inflation. His perspective influences retail investors more than institutions, aligning with his history of promoting accumulation strategies during market corrections.