On Robert Kiyosaki's 'Rich Dad' channel, economist Harry Dent shared his outlook on impending market downturns, including for Bitcoin and Nasdaq, justifying it with historical trends.
The Future of Markets: A Red Flag
On August 20, Dent pointed to three key charts in global markets — Bitcoin, Nasdaq 100, and Nvidia — as signs that the cycle is peaking. He noted that all three assets are accelerating but are within a declining channel, which historically precedes sharp corrections.
Risks for Bitcoin and Cryptocurrencies
Despite Bitcoin's stability above $115,000 and Ethereum's rise past $4,300, Dent cautioned that cryptocurrencies remain high risk if capital starts to flow out of speculative assets. 'Bitcoin may change the world,' he stated. 'But it won’t escape the next crash.'
The Importance of Hard Assets in a Crash
Robert Kiyosaki echoed Dent's grim outlook, warning investors to prepare for 'the biggest crash in history.' He advised reducing exposure to the U.S. dollar and focusing on hard assets, such as gold and silver, which have shown strong performance in 2025.
Despite the concerns over a potential crash, Dent emphasized that technologies linked to artificial intelligence and blockchains will play a crucial role in the future. A market downturn might serve as a necessary cleansing phase, creating a foundation for future growth.
