Renowned author and investor Robert Kiyosaki has issued a warning about potential price crashes in Bitcoin and precious metals markets, despite revealing plans to expand his holdings if significant corrections materialize. His comments follow Bitcoin’s recent volatile performance, which saw the cryptocurrency achieve an all-time high of $123,236 — a year-to-date surge of 26.77% — after recovering from a steep 33% correction earlier this year.
Market data shows shifting dynamics as Bitcoin’s dominance index declined approximately 6% over two weeks to reach 61% of total cryptocurrency market value. This contraction coincides with renewed momentum for major altcoins like Ethereum and XRP. Kiyosaki emphasized cautious yet opportunistic positioning during such volatility, noting Bitcoin recently surpassed gold’s growth rate in affirming its appeal as a modern store of value.
While investor sentiment remains measured amid fluctuating conditions, Kiyosaki reiterated a strategy focused on strategic accumulation during potential market downturns. His dual stance of anticipating declines while preparing to increase exposures highlights the complex risk-reward calculations prevailing across cryptocurrency and precious metal markets.