Robert Kiyosaki Warns of Bitcoin Crash to $90K but Plans to Accumulate

Robert Kiyosaki expects a Bitcoin crash to $90K this August but signals no plans to sell, citing economic risks instead.

Bitcoin began August with continued losses, dropping from $118,000 to nearly $112,300 over the weekend. The decline follows a pattern seen in past years, raising concerns about another potential Bitcoin crash. Long-term bullish investors, however, remain firm despite the latest downturn.

The price now hovers around $114,300, reflecting a 4% fall over the past week and erasing billions in market value. Market sentiment dipped into “Neutral” briefly but returned to “Greed” territory as of Monday, showing mixed short-term views. Meanwhile, long-range projections remain unchange, with several market figures predicting a rebound in the future.

Bitcoin lost approximately $170 billion in market capitalization after hitting a record $123,000 on July 14, signaling market uncertainty. Despite this, macroeconomic concerns and technical levels continue to dominate traders’ attention. August’s early weakness is already causing some to prepare for another Bitcoin crash before the month ends.

Kiyosaki Expects Bitcoin Crash But Prepares to Buy More

Robert Kiyosaki, the author of “Rich Dad Poor Dad,” expects a Bitcoin crash this August but has not reduced his holdings. He identified a historical pattern, often called the “Bitcoin August Curse,” where the coin underperforms during this month. Despite this, he remains focused on accumulating more if the price falls.

BITCOIN CURSE: Will the “Bitcoin A

August Curse” crash Bitcoin’s price to below $90k?

I hope so.

I enjoyed an exciting educational summer attending “The Collective” and “Limitless Financial Education Event.” Learning about what lies ahead with speakers such as Larry.

In a tweet of his he said :-

#bitcoinupdate #Robertkiyosaki #bitcoincrash #ProjectCrypto #cryptominister