Robert Kiasaki sees stock crash as BTC price declines.

Robert Miyazaki, author of Rich Dad Poor Dad, has warned of the biggest stock market crash in history. He predicts that valuable assets such as houses, gold, silver and bitcoin will soon be traded.

Kiyosaki's comments come as the cryptocurrency market faces sharp corrections due to declines in US stocks such as Nvidia and Tesla.

Robert Kiyosaki Expects to Sell Bitcoin

Kiyosaki took to social media to reiterate his long-term prediction, which he attributed to the looming doom of decisions made during the 2008 financial crisis. He said leaders like former Federal Reserve Chairman Ben Bernanke put saving banks ahead of ordinary citizens.

“I warned everyone. In the year In 2013, I published Rich Dad's Prophecy, which predicted the biggest stock market crash in history. That crush is now,” he posted.

Kiasaki warns that by 2025, the auto and housing markets, restaurants, retailers and even wine sales will be disrupted. He also admits that the world is on the brink of war, which in his opinion makes everything worse.

“Please be smart. Many expensive properties are offered for sale. I will buy more real assets with fake US dollars,” Kiyosaki said.

The statement follows a recent drop in Bitcoin's price, which fell from $101,700 to $95,370 on Tuesday. This represents a nearly 7% decline since the opening of Wednesday's session.

However, Kiyosaki expressed his willingness to use the risk to buy more BTC.

“BITCOIN IS DESTROYING. Great news. I keep buying bitcoin because falling bitcoin means bitcoin is on sale. Remember ‘Buy Low… and HODL'. No less than 2 million more bitcoins are going to be produced,” he added.

Experts link Bitcoin and Crypto to stocks.

Meanwhile, experts attribute the correction of the cryptocurrency market to the decline in US stock prices. Greeks.live, a platform that researches crypto options, noted the link in a post on X (Twitter).

“Cryptocurrencies saw a sharp correction as US stocks such as Nvidia and Tesla tumbled, Bitcoin dropped below $100,000 again, and altcoins fell sharply,” Greeks.live wrote.

Despite this, analysts at Greeks.live remain positive that the bull market is still in place. Against this backdrop, investors are urged to buy BTC at a discount to ride out the correction. If you choose to take the plunge now, a $100,000 short call is very cost-effective.

Eric Balchunas, senior ETF analyst at Bloomberg, echoed similar sentiments. He showed a direct correlation between Bitcoin and stock market performance.

“The woes of the US stock market… not without predicting, just saying that BTC is kryptonite. I still doubt BTC will go up if stocks go down,” he wrote.

When asked if bitcoin can hold up even as the stock market declines, Balchunas replied that if it does, it will represent a remarkable evolution from a risk asset to a safe haven. However, he is still skeptical.

Adding to the debate, crypto analyst Adam Cochran shared his thoughts, but while he thinks crypto is ripe for a crash, he notes that the rally is limited by “larger economic drag.”

“Big funds don't move up the risk curve in the event of a crash,” he added.

Meanwhile, the current decline in Bitcoin prices has sparked a lot of liquidity. According to data from Coinglass, more than 236,481 traders were outlawed in the last 24 hours, totaling $693.52 million.

The downward slide in Bitcoin prices and altcoin markets reflects a broader pessimism in market sentiment, driven by continued volatility in the U.S. dollar and stock market.

The performance of the crypto market continues to raise questions about its correlation with traditional financial markets. While some investors see the recent downturn as an opportunity to stock up on low-cost assets, others remain cautious, citing macroeconomic uncertainties.