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As former President Donald Trump intensifies his tariff plans, renowned investor Robert Kiyosaki is warning of a potential Bitcoin price crash. Kiyosaki, known for his bold predictions, believes that the upcoming tariff actions could spark a significant downturn not just for Bitcoin, but also for traditional assets like gold and silver. According to Kiyosaki, this price correction could create an opportunity for investors to accumulate more assets at discounted prices.
TRUMP TARRIFS BEGIN: Gold, silver, Bitcoin may crash. GOOD. Will buy more after prices crash. Real problem is DEBT….which will only get worse. CRASHES mean assets are on sale. Time to get richer.
— Robert Kiyosaki (@theRealKiyosaki) January 31, 2025
The prediction comes as Bitcoin trades at $102,222, down 2.17% on the day, with daily trading volumes surging 14% to over $44 billion. Despite recent fluctuations, Bitcoin has been trading in the $101,000 to $106,000 range, with the potential for a sharp move in either direction should it break through the range's boundaries. Kiyosaki's warning highlights his belief that Bitcoin, along with other assets, may face a rough ride in the wake of Trump’s tariff strategy.
Kiyosaki’s stance is echoed by popular analyst Arthur Hayes, who also foresees a "mini financial crisis" triggered by the tariffs. Hayes has predicted a Bitcoin price crash to as low as $70,000 before a major bull run pushes it to $250,000. These views are causing concern among some investors but also opening the door for others to consider the potential for long-term growth after a temporary dip.
Kiyosaki’s analysis comes amid new findings from blockchain analytics firm Glassnode, which has highlighted a critical price cluster for Bitcoin. Over the past 45 days, a substantial volume of Bitcoin has been exchanged in the $94,000 to $101,000 range. This price zone has now formed a dense supply area, with $98,000 emerging as a key support level. Glassnode suggests that as long as Bitcoin remains above $98,000, its upward momentum may continue.
However, a fall below this support level could trigger further downside potential, with some experts forecasting Bitcoin could drop to as low as $90,000. This shift in price could signal the beginning of a deeper market correction, potentially aligning with Kiyosaki's prediction of a Bitcoin crash.
Starting February 1, Trump's tariff policies are expected to go into effect, adding to the growing market uncertainty. While Trump has expressed confidence in the long-term benefits of his tariff strategy, investors should prepare for strong volatility in the coming weeks. The crypto market's reaction to these tariffs will also be influenced by upcoming U.S. jobs data, which is expected to provide more clarity on the state of the economy.
Trump has downplayed concerns over short-term disruptions, stating that the tariffs would benefit the U.S. in the long run. His administration is also focusing on placing tariffs on chip exports to China, a move that could further destabilize the market and contribute to potential economic disruption. Kiyosaki, for his part, has expressed optimism about Trump’s leadership, stating that the world is on the brink of significant changes.
Amid these tariff plans and macroeconomic developments, the U.S. Federal Reserve has maintained its stance by keeping interest rates unchanged despite strong labor market data and growing inflationary pressures. President Trump has called for immediate rate cuts, but Fed Chair Jerome Powell has resisted, emphasizing the need for caution in managing inflation.
Despite the mixed signals from traditional markets, Bitcoin has shown resilience, holding strong above the $100,000 level. This reflects a certain level of investor confidence in Bitcoin as a store of value, even as global economic conditions remain volatile. However, with Kiyosaki and other analysts predicting a potential crash, the coming weeks will likely be critical for Bitcoin’s price trajectory.
Looking ahead, the combination of Trump’s tariffs and the broader economic landscape suggests that Bitcoin could face significant volatility in the near term. While Kiyosaki remains optimistic about using this downturn as an opportunity to buy, the uncertainty surrounding the global financial system, especially in light of Trump's policies, means that Bitcoin’s future remains uncertain. Investors should stay vigilant as they navigate this period of heightened market activity.
editor
A web 3 girl living in a web 2 world.
