Bitcoin News Today: Kiyosaki Warns of Bitcoin August Curse and $90K Buy Zone

Robert Kiyosaki, the renowned financial educator and author, has reiterated his belief in an impending “August Curse” for Bitcoin, a term he uses to describe a historical pattern of price corrections around this time of year [1]. He has outlined a specific strategy for responding to such a pullback, indicating a key threshold at the $90,000 level. If Bitcoin breaks below this mark, Kiyosaki plans to increase his Bitcoin holdings, aiming to grow his position from approximately 73 to 100 by the end of 2025 [1].

Kiyosaki has been vocal about his investment philosophy, emphasizing that market downturns are not to be feared but rather viewed as opportunities to accumulate assets at favorable prices. He has shared this approach at recent financial education events, where he engaged with notable figures such as Jim Rickards and Brent Johnson [1]. According to Kiyosaki, a drop in Bitcoin would align with his long-term bullish view, as he continues to position Bitcoin, alongside gold and silver, as a hedge against broader economic uncertainty.

His criticism extends beyond the cryptocurrency market, targeting U.S. monetary policy and what he calls the “SWAMP”—a reference to the Federal Reserve and Treasury, which he claims are managing a system burdened by excessive debt and incompetence [1]. Kiyosaki argues that the true risk lies not in Bitcoin’s price swings, but in the stability of the U.S. financial system itself. This perspective reinforces his belief in the necessity of diversifying away from traditional fiat currency holdings.

Currently, Bitcoin has been trading in a range between $112,000 and $113,000, following a high of around $120,000 earlier in the month. Kiyosaki remains confident in the cryptocurrency’s long-term trajectory, forecasting a price of $250,000 by the end of 2025 [1]. This optimism is reflected in his strategy of remaining patient and capitalizing on market volatility, particularly when others are driven by fear. He advises investors to ignore short-term noise and instead focus on disciplined buying during dips.

While Kiyosaki’s thesis aligns with historical patterns and his personal investment strategy, it is important to note that his “August Curse” is a forecast and not an established fact. Market movements can be influenced by a wide range of unpredictable factors, and investors are advised to approach such predictions with caution [2]. The broader regulatory environment also plays a role in shaping investor sentiment, as seen in recent calls for scrutiny of Brian Quintenz, Donald Trump’s nominee for CFTC chair, due to his ties to the prediction market platform Kalshi [3]. While this development does not directly impact Bitcoin’s price, it highlights the evolving regulatory landscape in which digital assets operate.

Kiyosaki’s latest remarks have reignited discussions about Bitcoin’s risk-reward profile, with some investors taking his warnings as a signal to prepare for a potential correction. However, others remain focused on the long-term potential of the asset class. The cryptocurrency market continues to evolve rapidly, and investors must remain adaptable and informed [4].

[1] Crash Incoming? Kiyosaki Warns Of 'August Curse' And ... (https://www.tradingview.com/news/newsbtc:6560f3b96094b:0-crash-incoming-kiyosaki-warns-of-august-curse-and-reveals-his-bitcoin-buy-zone/)

[2] Latest Financial and Investing News from NewsBTC (https://www.tradingview.com/news/providers/newsbtc/)

[3] BTCUSD - CFTC pressured to probe nominee Brian Quintenz ... (https://mx.advfn.com/bolsa-de-valores/COIN/BTCUSD/crypto-news/96560037/cftc-pressured-to-probe-nominee-brian-quintenz-ove)

[4] Twin Peaks Digital 1 Web3 Digital Marketing Agency |Crypto ... (https://twinpeaksdigital.net/)