Bitcoin Falls to Below $56,000. Why the Crypto Is Set to Tumble Further.

Best-selling finance author Robert Kiyosaki says that Bitcoin (BTC) is primed to have its biggest crash yet before enjoying a long-term bull cycle.

In a lengthy thread on the social media platform X, the Rich Dad Poor Dad author says that patient investors will be rewarded with a multi-year bull cycle after the top crypto asset by market cap and other assets suffer a massive crash.

“Technical charts indicate [the] biggest crash in history coming. Prices of real estate, stocks, bonds, gold, silver, and Bitcoin crash. GREAT NEWS: good time to buy bargains will follow.

Technical charts indicate [a] major long-term bull market cycle will follow… starting the bull market climb in late 2025, raising prices for years.

This bull market cycle is the boom gold, silver and Bitcoin investors have been waiting for. Their patience will be rewarded. This is the long-term bull market cycle they knew had to come.”

​According to Kiyosaki, after assets crash, precious metals and stores of value such as gold, silver, and BTC will dominate and hit new all-time highs as the value of fiat currency continues to dwindle.