“This Crash May Be the Biggest in History!” – Kiyosaki Sounds Alarm on Global Markets

Global markets are facing the brunt of heightened volatility, and financial educator Robert Kiyosaki, author of Rich Dad, Poor Dad has issued a big warning: the ongoing market crash is just the beginning! As tensions rise with China imposing a 34% tax on U.S. goods and the Federal Reserve delaying interest rate cuts, Kiyosaki believes this downturn will be a big one. 

In a dramatic statement, Kiyosaki even said that the upcoming crash could even surpass the 1929 Great Depression. “The EVERYTHING BUBBLE is bursting,” he tweeted, adding, “I am afraid this crash may be the biggest in history.” This prediction comes from Kiyosaki’s 2002 book Rich Dad’s Prophecy, where he pictured a future collapse that would cause huge losses to Baby Boomers who relied on paper assets like stocks and mutual funds.

Market Crash Will ‘Wipe Out’ Fiat Currencies: says Kiyosaki

He now believes that this crash will wipe out “fake wealth” built on such unstable foundations. “This feels more like a recession than a depression, but it’s still dangerous,” said Kiyosaki. He mentioned that older investors are more at risk, since they may not have time to recover losses. In this chaos, Kiyosaki advises investors to stop investing in traditional finance and add stores of value such as gold, silver, and Bitcoin to their portfolio. “Protect your wealth by investing in real assets,” he stated, highlighting the stability of these assets against inflation. His inclusion of Bitcoin also underscores Bitcoin’s stability as a store-of-value asset. 

Kiyosaki also warns against investment in fiat currencies, which he describes as “fake money”. He predicts that inflation will continue to reduce their value as money gets printed at unforeseen rates. In this situation, Kiyosaki’s advice is clear: “Time is an asset. Start saving in gold, silver, and Bitcoin to safeguard your wealth.” Kiyosaki’s belief in Bitcoin also comes at a crucial time. Bitcoin has been facing the brunt of the recent market fluctuations and seems to be coming out strong. The Bitcoin price has recovered from market crashes and looks stable for more growth.
Given that, let’s take a look at the latest Bitcoin price analysis and form a short-term BTC price prediction.

BTC Price Analysis: Bitcoin Stabilizes Around $83,500 

Bitcoin started at a price of $83,200 yesterday, marking the end of a long uptrend from the previous day. At this point, the RSI was seen venturing into the overbought zone. Given that, a downtrend started forming, as the Bitcoin price fell to $82,600 by 5:00 UTC. A bearish triangle seemed to be in the works, but Bitcoin defied the formation. Thanks to the strong buying trend, the Bitcoin price climbed all the way up to $84,660. The coin faced strong resistance at that point. With the market now heavily overbought, Bitcoin faced a strict correction, plunging to $81,800 within two hours.

Chart 1: published on TradingView, April 5, 2025

As the EMAs interacted with each other, a golden cross formed, and Bitcoin ascended. It slowly reached $83,133 by 17:00 UTC. At 17;20, it spiked up again , testing the $84,700 resistance, but failed to break across. Given the failure, another downtrend formed, as Bitcoin found rest at $83,500. Bitcoin then showcased range-bound behaviour, failing to break the resistance. As of the last update, Bitcoin had abandoned its support.

BTC Price Prediction: Can Bitcoin Break Past $85K Again?

Bitcoin’s performance has been subject to heavy influence by the geopolitical conditions. Given the recent market crash, this has been a sensitive period for it. While worldwide interest has surrounded Bitcoin, the overall market is currently running bearish. Bitcoin’s resilience, however, is worth noting. For now, the $84,700 mark poses problems for Bitcoin today. As of the last update, Bitcoin had breached support, looking to stabilize at a level below. If it stabilizes soon, a shot at $84,700 is highly plausible today. 

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