Robert Kiyosaki, author of 'Rich Dad Poor Dad', expressed a contrary opinion to the majority of cryptocurrency analysts on Monday, pessimistically predicting that the 'Bitcoin bubble' may burst soon, along with gold and silver.

Kiyosaki said: 'The bubbles are about to burst', adding that when those bubbles burst, 'the likelihood is that gold, silver, and Bitcoin will also explode', noting that he will start buying then.

His recent statements come just days after he commented on the price surpassing $BTC the $120,000 barrier, saying that this new record level is 'bad news for those who... for any reason... did not make the decision' because they 'have nothing.'

He also warned at the time against falling into the trap of over-investment, saying: 'Pigs get fat, but greedy pigs get slaughtered. I am buying more Bitcoin... and getting fatter', but he later clarified that he would not buy more 'until the direction of the economy is clear.'

Nevertheless, his recent statements contradict what he posted on platform X in early July, when he criticized those he described as 'losers seeking clicks' who continue to warn of an imminent collapse in the price of Bitcoin, because they 'want to scare the speculators.'

Conflicting statements about Bitcoin

For its part, the financial newsletter 'Brew Markets' noted that Kiyosaki has repeatedly published predictions of a collapse in stock and cryptocurrency markets, but he has been wrong several times. It has also been observed that his comments often coincide with movements in the S&P 500 index.

At the same time, there are speculations that corporate wallets holding Bitcoin may exhibit bubble-like behavior, especially if the price drops sharply, which could lead to what is known as a 'death spiral' for those companies.

But Joe Burnett, the Bitcoin Strategy Director, rejected this hypothesis, explaining that Bitcoin is not a bubble because most people do not fundamentally understand the asset, let alone the companies that buy it. He added: 'Bitcoin companies are not using their capital for experiments, but are directly pumping it into Bitcoin, not into an idea, but into the money itself.'

Do your own research

Henrik Anderson, Investment Director at Apollo Capital, told Cointelegraph that it is better for investors to 'do their own research instead of listening to influencers.'

In the same context, the NFT collector and founder of the Furyou group, known as 'Cape', pointed out on platform X that Bitcoin is referred to as a 'bubble' and a 'scam' every year since its launch.

Repetition of market cycles

Bitcoin is a cyclical asset that follows market patterns lasting on average about four years. Since its inception, it has maintained this pattern, and 2025 is expected to be the peak of the bull market if the same historical trend continues.

Some analysts have predicted that the price of Bitcoin could reach between $130,000 and $200,000 before the end of this year.

Furthermore, the bullish market indicators panel on CoinGlass shows that the peak is still far off, as none of the thirty indicators have shown that the market is close to the top.

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