Kiyosaki to Buy Bitcoin Below $90K Amid August Curse
Bitcoin veteran Robert Kiyosaki warns of the historical “August Curse,” noting that BTC has fallen in eight of the past 12 Augusts with a median dip of 7.5%. He’s eyeing a buy-the-dip zone below $90,000 and plans to increase his holdings from 73 BTC to 100 BTC by year-end if that level breaks. Bitcoin traded around $112,000–$114,000 in early August and faces resistance at $115,000; analysts see a break above $115,000 unlocking a move toward $118,000, while a drop below $110,000 could trigger further pullbacks. Framing Bitcoin, gold and silver as crisis hedges against U.S. debt and Fed policy risks, Kiyosaki maintains a long-term BTC target of $250,000 by 2025 and views near-term fear as a buying opportunity.
Bullish
Kiyosaki’s emphasis on accumulating Bitcoin below $90K amid the ‘August Curse’ underscores a bullish long-term outlook. While short-term volatility may intensify due to historical August dips, his planned buy zone and analysts’ targets—$118K on a break above $115K—reinforce a buy-the-dip strategy. This focus on accumulation as fear peaks supports upward momentum and market confidence in BTC’s price recovery and continued growth toward its 2025 target.