August has a notorious history of being one of Bitcoin’s toughest months — and Rich Dad Poor Dad author Robert Kiyosaki thinks this year might be no different.
In a recent post on X, Kiyosaki warned about the so-called “Bitcoin August Curse”, suggesting BTC could fall from its current ~$114,000 to below $90,000.
“If the August Curse of Bitcoin happens and the price of Bitcoin plummets, I am ready to double my current position,” he wrote.
📉 Why August Is Risky for BTC:
Historical data from CryptoRank shows Bitcoin’s average August return is -7.87%.
Sharp August drops occurred in 2011, 2014, and 2015.
Even in better years like 2022 and 2023, BTC still fell by 14% and 11.2%.
This month has already started shaky — on August 1, a weak US jobs report triggered a market drop, sending BTC under $113K and causing $726M in liquidations.
💡 Kiyosaki’s Strategy:
While a drop might spook some traders, Kiyosaki sees it as an opportunity. If BTC dips below $90K, he plans to double his holdings, calling it a “blessing in disguise” for long-term investors.
⚡ Takeaway:
History shows August can be brutal for Bitcoin, but for those prepared — volatility could mean big buying opportunities.
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