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2w ago

Robert Kiyosaki Predicts Bitcoin May Dip to $90K in August and Vows to Double His Holdings

He links the predicted drop to seasonal volatility driven by low trading volumes mixed with rising U.S. debt, calling it a buying opportunity for his crisis-hedge strategy

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Overview

  • Bitcoin has traded between $113,000 and $114,000 following weak U.S. labor figures that stoked volatility.
  • Kiyosaki has termed the anticipated downturn the “August Curse” based on CryptoRank data showing double-digit losses in August 2022 and 2023.
  • He currently holds about 73 BTC and has pledged to double his position if Bitcoin falls below $90,000, targeting 100 BTC by year-end.
  • He attributes potential pullbacks to seasonal trading lulls compounded by a $37 trillion U.S. national debt and rising Treasury yields.
  • Kiyosaki aims for Bitcoin to reach $250,000 by December 2025 and considers market dips optimal moments to build a crisis-hedge portfolio alongside gold and silver.