?♂️ Robert Kiyosaki — yes, that Robert Kiyosaki of “Rich Dad Poor Dad” fame — is back in the spotlight. He’s mentioned more than once on our site, and this time he’s warning of a so-called “August curse” looming over Bitcoin. But don’t panic — it’s not a horror story, it’s (in his view) an investment opportunity.
According to Kiyosaki, BTC might crash below $90,000 in August. And if it does, he promises to double down. His logic? Every dip is a discount.
He blames not Bitcoin, but the macroeconomics of the U.S.: $30 trillion in national debt, the money printer, and the “financial swamp” where, in his words, PhDs, the Fed, and the Treasury are flailing. And once again, Bitcoin is the scapegoat.
“Will Bitcoin crash below $90,000 due to the August curse? I hope so! If it does, I’ll be happy to double my investment. The problem isn’t Bitcoin. The problem is the trillions in debt and the so-called experts steering this economic boat — with diplomas but no oars: the Fed, the Treasury, and the rest of the scholarly swamp crew,” writes Kiyosaki.
Despite the “curse,” Bitcoin is holding strong above $114,389, even gaining +0.39% on the day. Market cap: $2.2 trillion. So far, the “August horrors” feel more like a breezy summer day.
? As a reminder, Kiyosaki frequently bets on Bitcoin, gold, and silver — just in case the whole system goes belly-up. ETFs? Not his thing. Only real assets, only hardcore.
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