Key Insights Robert Kiyosaki has once again made headlines in the Bitcoin news column with his latest remark on Bitcoin (BTC). Kiyosaki maintains his bullish BTC stance, while hinting at a po
In Bitcoin news on Nov. 4, Rich Dad Poor Dad author Robert Kiyosaki warned that a market crash was coming. Although Robert Kiyosaki sent out a bearish warning on November 4, it hasn’t stopped him from adding to his Bitcoin holdings.
The Rich Dad Poor Dad writer has said that if prices fall, he is going to add to his investments. Kiyosaki wrote:
“WHY WORRY? People panicked when gold, silver, Bitcoin crash. I bought more.” However, Kiyosaki still remains steadfast in his projection that Bitcoin will reach $250,000 by 2026.
He remains consistent with his previous trading strategy. The last time we saw Robert Kiyosaki talk about a bearish outlook for the market was in March 2026. He warned that “private credit funds are panicking” and that a New Depression in the USA is around the corner.
Although this was the case, he noted he would still focus on adding to hard assets.
“I am still adding to my Bitcoin and Ethereum position. Everytime you hear “money is fleeing the banks,” pay attention to WHERE the money is fleeing to!” He wrote in a previous post.
Again, this week Kiyosaki obviously advises patience.
Some believed Kiyosaki’s announcement wasn’t a strong indication the market was getting bearish.
One popular pseudonymous crypto analyst, ‘Altcoin Sherpa,’ pointed out that Bitcoin is “looking decent for $BTC in the short term, I’m eyeing 82kish region next up,” he said.
Robert Kiyosaki often sells on strength and buys on weakness. If Bitcoin declines to the mid-$60k range (between 25-30% range), Kiyosaki will be building back in.
Robert Kiyosaki Sparks Bitcoin Crash Discussions | Source: X
Looking at the technicals, it is trading around $80,600 on Nov. 4, recovering from an earlier dip to about $76,645 on November 2.
The decline has occurred due to lingering uncertainty following the $6.3 billion hacking of Binance last week.
However, many traders will note that Bitcoin has been finding support in the $75-80k area recently.
Kiyosaki’s post comes at a time when the political climate is changing. On November 4, Coin Republic reported that Democrats are set to take control of the House of Representatives in the USA, but control of the Senate remains unclear.
Many industry analysts believe this will slow down some pro-crypto legislation being passed.
This can be seen in the lacklustre demand seen as institutional investors withdrew around $398 million from the U.S spot bitcoin ETFs on November 2.
All major US Bitcoin funds had net outflows, according to Farside Investors.
Altcoin Sherpa BTC Analysis | Source: X
Kiyosaki’s comments demonstrate that it is very difficult to time the market. Kiyosaki went on to point out that Price is the least important element below the financial system itself.
Consistent with previous comments made earlier in the year, he remained bullish in the long term, believing that higher US debt and a weak dollar make Bitcoin an important hedge.
Overall, traders are currently remaining cautious. Whilst the support levels are holding in the short term, positive ETF flows will have to be seen to strengthen the bulls.
The post Bitcoin News: Robert Kiyosaki Expects BTC Crash, But There’s a Catch appeared first on The Coin Republic.
