Kiyosaki: "Bitcoin to hit $750,000 after bubble burst"…sees gold, silver and Ethereum also surging

Source
Minseung Kang

Summary

  • Robert Kiyosaki said he sees the possibility of a bubble burst in global financial markets and forecast sharp gains in the prices of major assets.
  • Kiyosaki said he expects gold to rise to $35,000 per ounce and silver to $200 within a year after the collapse.
  • He also presented a scenario in which Bitcoin reaches $750,000 and Ethereum climbs to around $95,000.

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Photo=hamdi bendali/Shutterstock
Photo=hamdi bendali/Shutterstock

Robert Kiyosaki, author of a bestselling economics book, said a potential burst of bubbles in global financial markets could drive sharp gains in the prices of major assets, including Bitcoin.

On the 17th, Kiyosaki wrote on X (formerly Twitter) that "the biggest bubble in history is coming to an end," adding that "I don’t know when, but the moment is getting closer."

He also laid out a post-burst scenario for asset prices. Kiyosaki projected that within a year after the collapse, gold would rise to $35,000 per ounce and silver to $200. He also forecast Bitcoin at $750,000 and Ethereum reaching around $95,000.

Meanwhile, Kiyosaki has repeatedly argued for gains in alternative assets such as gold and Bitcoin, citing a weakening U.S. dollar and the risk of instability in the financial system. His latest remarks are seen as being based on a scenario that assumes a renewed global financial crisis.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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