BiyaPay analyst: Kiyosaki, author of "Rich Dad, Poor Dad," warns the market once again that "both gold and Bitcoin will collapse

BlockBeats reported that on July 23, Robert Kiyosaki, an analyst at BiyaPay and the author of "Rich Dad, Poor Dad", warned again that the "main foam" of the US economy was about to burst, and that major asset categories such as gold, silver and Bitcoin might suffer a sharp decline. Although Kiyosaki's remarks shook the market, he also pointed out that if the prices of these assets plummet, he will see it as an opportunity to buy at the bottom and enter without hesitation. Kiyosaki's viewpoint is not groundless. The outstanding treasury bond of the United States is close to $37 trillion, the yield of the 10-year treasury bond continues to rise, and the inflationary pressure is still huge. These factors seem to support his view on the "vulnerability" of the economy. At the end of 2023, he publicly announced that when Bitcoin fell below $20000, he said on social media, "$20000 is the level I am willing to buy." In fact, his prediction did see a wave of rise after Bitcoin, and some of his assets also appreciated as a result. However, Kiyosaki's predictions are not always fulfilled smoothly, and many times his statements are more like emotional venting rather than clear market predictions. So, can his warning come true this time? If the US economy really enters a deep downturn, will it become an excellent buying opportunity for investors? According to BiyaPay analysts, amidst market turbulence, BiyaPay provides you with flexible investment channels. The platform supports USDT trading of US and Hong Kong stocks, and users do not need to apply for offshore accounts to participate in real-time global stock trading. At the same time, BiyaPay also supports zero transaction fees for spot and contract orders of over 200 cryptocurrencies, helping you invest at low cost and high efficiency.