🚨 Robert Kiyosaki Warns of “August Curse” — Bitcoin Could Drop to $90K! 🚨
Robert Kiyosaki, author of Rich Dad Poor Dad, is predicting that Bitcoin ($BTC ) could tumble from its current ~$114,000 to below $90,000 this month, citing August’s historically bearish trend for the crypto market.
Kiyosaki points to past data showing Bitcoin’s average August drop of -7.87%, with heavy losses in years like 2011, 2014, 2015 — and even double-digit dips in 2022 and 2023.
He says if the so-called “August Curse” hits, he’ll double his Bitcoin holdings, viewing the downturn as a buying opportunity.
Markets already started August on shaky ground — after a weak US jobs report, Bitcoin slid under $113K on August 1, triggering $726M in liquidations, mostly from long positions.
Kiyosaki’s takeaway: Short-term pain could mean long-term gains for prepared investors. 📉➡📈