BTC’s price is range-bound, giving other assets room to gain a foothold in an otherwise down market.
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, warned of the Third World War.
Kiyosaki tweeted earlier this week:
Are you ready for World War III? History shows that war is about energy: oil and coal.
“Hitler invaded countries like Romania for their oil and coal. Japan attacked Pearl Harbor when the US cut off Japanese oil,” he added. “Was the Nord Stream sabotage the beginning of World War III?”
Many people are increasingly worried about the possibility of a third world war. On Thursday, Russia threatened that if Ukraine were to join the NATO military alliance, the conflict in Ukraine would escalate into World War Three.
In a follow-up tweet, the famous author emphasized: “Any fool knows civilization runs on energy. Biden cut the Keystone XL Pipeline. Oil prices rose from $30 a barrel to $130. Inflation went up… the poor and middle classes were crushed by inflation. “
On Sunday, Kiyosaki reiterated his recommendation for investors to buy gold, silver and bitcoin, tweeting:
Why millions are wiped out: People can see microeconomics: rising food and fuel prices. Protect yourself from macros. Buy gold, silver, bitcoin.
Kiyosaki has been predicting doom and gloom for quite some time. Earlier this month, he said the US dollar would depreciate in January next year, advising people to buy gold, silver and bitcoin.
He also warned that an interest rate hike by the Federal Reserve would destroy the US economy.
Read more: Bitcoin metric gives $35K as next BTC price macro low
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