Veteran investor Robert Kiyosaki has voiced concerns about a potential downturn in Bitcoin’s value, linking it to the growing influence of tariffs proposed by President Donald Trump.
As Bitcoin experiences a slight dip, trading 2% lower at $101,800, Kiyosaki suggests that the cryptocurrency, along with assets like gold and silver, could face a significant drop.
Trading volumes for Bitcoin have surged by 14%, reaching over $44 billion, as the price continues to fluctuate within a range of $101K to $106K. Kiyosaki believes that a sharp break in either direction could trigger further movement, possibly driving the price lower.
Kiyosaki, known for his investment insights, sees the looming downturn as an opportunity rather than a setback. On a recent social media post, he shared his thoughts, stating, “Trump’s tariffs may lead to a crash in Bitcoin, gold, and silver, but that’s exactly when I’ll buy more.” He emphasized that the true issue lies in increasing debt levels, which he predicts will worsen.
Kiyosaki views market crashes as temporary setbacks that allow savvy investors to purchase assets at discounted prices, positioning themselves for long-term wealth accumulation.
In line with Kiyosaki’s prediction, another well-known crypto analyst, Arthur Hayes, also expects a temporary crash, projecting that Bitcoin could fall to $70,000 before entering a major bull run, potentially reaching as high as $250,000. Despite the bearish outlook, both investors see significant opportunity in these market shifts.
Bitcoin (BTC) managed to surge past the price mark of $89,000, as investors flock to the cryptocurrency amidst traditional market turbulence and increasing political uncertainties.
Bitcoin exchange-traded funds in the U.S. saw a major resurgence on April 21, marking their strongest day for net inflows in nearly three months.
Tokyo-based Metaplanet has continued its aggressive Bitcoin strategy, now holding over $400 million in BTC following its latest acquisition.
Bitcoin has staged a strong comeback, briefly pushing beyond $87,000 for the first time in weeks as liquidity conditions improve globally and institutional players show signs of renewed appetite, even while concerns around U.S. trade tensions keep broader markets on edge.