Robert Kiyosaki predicts that stocks may crash in October, followed by BTC

Robert Kiyosaki the man behind the book Rich Dad Poor Dad has made a huge prediction for Bitcoin and stock markets.
Robert Kiyosaki the man behind the book Rich Dad Poor Dad has made a huge prediction for Bitcoin and stock markets.

Robert Kiyosaki, the man behind the book “Rich Dad, Poor Dad” has made a huge prediction for Bitcoin and stock markets. According to the author, there is a huge chance that the stock market will suffer a massive crash in the month of October.

He further states that despite the rising popularity of cryptocurrencies, there is a considerable chance that the Bitcoin market will crash with the stock market

Crypto adoption is on the rise as there are plenty of blockchain projects coming up. But, the news of the stock market crash might send Bitcoin tumbling down, as Robert Kiyosaki claims.

The author cited “Treasury and Fed short of T-bills” as the reason for the stock market’s crashing the following month. 

Robert Kiyosaki warns about Bitcoin, silver, and gold as well

Robert Kiyosaki’s book, “Rich Dad, Poor Dad,” has been a best-selling book for a period of six years. Robert Kiyosaki is not an author but is also an investor, an expert on the stock market. Launched in the year 1997, the book is also co-authored by Sharon Lechter. The sales of the book have skyrocketed, selling more than 32 million copies.

This makes Robert Kiyosaki one of the most successful authors and investors of all time. 

Robert’s stance on cryptocurrencies is positive, but the bearish prediction for the stock market might affect Bitcoin as well. Given Robert’s credible background and his knowledge, it can be said that there might be some truth to his prediction. Robert Kiyosaki further added more to his statement,

Not selling gold, silver, bitcoin, yet have lots of cash for life after stock market crash. Stocks dangerous. Careful.

This isn’t Robert’s first prediction

Robert Kiyosaki is known for making accurate predictions in the month of June. He states that the price of Bitcoin will be going down below $30K, and it will be the “biggest crash” in the crypto world.

The author also made a comment on China’s cryptocurrency crackdown. He mentioned that if the United States of America follows the same steps, we might see Bitcoin getting banned, “U.S. becomes centralized gov, like China, U.S. communism begins, our freedoms end.