Robert Kiyosaki, author of Rich Dad Poor Dad, has warned followers about the possibility of a "Bitcoin August Curse" that could send BTC prices below $90,000 this month. However, Kiyosaki does not view such a crash as a reason for panic. In a recent X (Twitter) post, he stated he would actually double his Bitcoin holdings if BTC were to fall below $90,000, calling it a "buy the dip" opportunity rather than a disaster.
Kiyosaki blames the risk of a correction on broader macroeconomic issues—specifically, the United States' massive national debt, concerns over the Federal Reserve and Treasury's monetary policy, and historical trends showing that August is often a tough month for Bitcoin. According to market data, Bitcoin has logged losses in eight out of the past twelve Augusts, but Kiyosaki maintains that the real problem is not Bitcoin, but America's economic management.
In summary:
Kiyosaki acknowledges a possible crash below $90,000 in August 2025.
He plans to buy more, seeing it as a long-term opportunity.
He remains bullish, citing U.S. policy failures as the real issue—not Bitcoin’s fundamentals.
“If the Bitcoin August Curse hits and Bitcoin crashes, I stand ready to 2x my position today.” – Robert Kiyosaki.