Bitcoin Dips Below $109,000 Amid Kiyosaki Crash Call, Institutional Buying Continues

Bitcoin (BTC) is currently trading just below $109,000 after reaching a high of $110,300 last week. While there has been some short-term softness, long-term conviction remains intact, with the market pausing rather than panicking. This pause is partly due to recent comments by Robert Kiyosaki, author of "Rich Dad Poor Dad," who expressed a desire for a major Bitcoin crash. Kiyosaki's reasoning is that a crash would provide an opportunity to buy more Bitcoin at a lower price. He revealed that he had already purchased BTC above $100,000 and plans to add to his holdings on any sharp drop. His price targets remain aggressive, with a prediction of $200,000 by year-end and $1 million within five years.

Kiyosaki's remarks have sparked debate, but for long-term holders, they reinforce the broader narrative that dips are opportunities rather than breakdowns. Despite the near-term hesitation, institutional activity has picked up noticeably. Spot Bitcoin ETFs brought in $769.6 million last week, marking four consecutive weeks of inflows beginning mid-June. On the corporate side, Japan’s Metaplanet added 2,205 BTC to its reserves, bringing its total to 15,555 BTC. Blockchain Group also increased its holdings, now standing at 1,904 BTC following another strategic purchase. These moves are strategic, as Bitcoin is increasingly viewed as a long-term treasury asset, and consistent accumulation by institutions continues to provide structural support against short-term volatility.

Recent accumulation highlights include $769.6 million in spot BTC ETF inflows last week, Metaplanet's treasury now holding 15,555 BTC, and Blockchain Group adding 116 BTC to its balance sheet. The divergence between short-term sentiment and long-term capital is widening, with the former being cautious and the latter steadily building exposure. Technically, Bitcoin has slipped just below a short-term ascending trendline and the 50-period simple moving average around $108,641. It’s currently hovering near the 0.382 Fibonacci retracement at $108,482, with RSI neutral around 45. If BTC loses $108,482 on a closing basis, the following levels to watch are $107,836 and $107,202, which mark the 0.618 retracement. A recovery above $109,267 would bring $109,274 into focus and could signal a bullish continuation.

In addition to technical analysis, geopolitical concerns are keeping markets on edge. Treasury Secretary Scott Bessent reiterated that paused U.S. tariffs could resume on August 1. While not immediate, the uncertainty could weigh on risk assets, including cryptocurrencies. Robert Kiyosaki’s crash call may sound extreme, but it’s consistent with a growing long-term mindset. Institutional flows, ETF demand, and corporate treasury all point to one thing: the smart money is still buying. Whether Bitcoin revisits lower support or breaks above $110,000 again, the fundamentals remain strong. The narrative has shifted from speculation to structure, and that’s a sign of maturity.