Robert Kiyosaki Sees Bitcoin Buying Opportunity in "August Curse"
Key Takeaways:
Robert Kiyosaki plans to double his Bitcoin holdings if price drops below $90,000
August has historically been Bitcoin's worst-performing month ("August Curse")
Weak U.S. economic data already triggered a drop below $113,000 this month
Kiyosaki views potential dip as long-term opportunity amid growing U.S. debt concerns
Kiyosaki's Bitcoin Strategy: Buy the Dip
Famous investor and Rich Dad Poor Dad author Robert Kiyosaki is preparing for a major Bitcoin purchase if the so-called "August Curse" strikes again.
Kiyosaki revealed he will double his Bitcoin position if the price falls below $90,000, viewing any potential drop as a buying opportunity rather than a threat.
"The real problem isn't Bitcoin," Kiyosaki argues, pointing to:
✔ $37 trillion U.S. national debt
✔ Rising Treasury yields
✔ Growing economic uncertainty
He believes these factors make Bitcoin an increasingly attractive long-term hedge.
The "August Curse" - Bitcoin's Historical Weakness
August has historically been Bitcoin's worst month:
📉 2022 & 2023: Double-digit percentage losses
📉 Previous cycles: Even steeper declines
📉 2025 start: Already dropped below $113,000
Why August struggles? Analysts cite:
• Thin summer trading volumes
• Profit-taking after summer rallies
• Macroeconomic uncertainty
While post-halving years sometimes break the trend (like 2021's 13% gain), most Augusts have seen red.
Current Market Conditions
The "August Curse" may already be taking effect:
⚠ August 1st: Weak U.S. jobs data triggered immediate drop
⚠ Leveraged positions: Hundreds of millions liquidated
⚠ Current price: Testing key support levels
Kiyosaki remains unfazed, stating:
"The path to wealth isn't avoiding downturns - it's using them to buy more of what you believe in."
What to Watch Next
🔹 $90,000 level: Kiyosaki's key buying trigger
🔹 U.S. economic data: Potential further market moves
🔹 Historical patterns: Will 2025 break or continue the August trend?