Robert Kiyosaki says he is ready to double his Bitcoin holdings if prices fall amid the historically bearish August trend.
By Parth Dubey
Editor Hamza Tariq
Updated
3 mins read
Bitcoin BTC $114 735 24h volatility: 0.4% Market cap: $2.28 T Vol. 24h: $31.59 B price fell from around the $118,000 level on Friday to around $112,300 by Sunday, marking a weak start to August, which has historically delivered poor price performance.
Rich Dad Poor Dad author Robert Kiyosaki noted the “Bitcoin August Curse,” a pattern where BTC often underperforms during this month. However, he added that if BTC crashes, he stands ready to double his position.
BITCOIN CURSE: Will the “Bitcoin A
August Curse” crash Bitcoin’s price to below $90k?I hope so.
I enjoyed an exciting educational summer attending “The Collective” and “Limitless Financial Education Event.” Learning about what lies ahead with speakers such as Larry…
— Robert Kiyosaki (@theRealKiyosaki) August 4, 2025
Over the past 12 years, Bitcoin has posted losses in August eight times. While the average return is +1.48%, the average August loss has been about 11.4%.
If similar losses repeat this year, Bitcoin could drop to $105,000, a level that some traders are already eyeing as a “buy the dip” opportunity.
Kiyosaki remains focused on long-term Bitcoin fundamentals. He expressed more concern about America’s ballooning national debt and policy missteps by the Fed and Treasury than the temporary market pullback.
“The Bitcoin August Curse will make most Bitcoin investors richer,” Kiyosaki writes.
Kiyosaki’s short-term caution echoes recent bearish comments from BitMEX co-founder Arthur Hayes. On Saturday, Hayes reiterated that Bitcoin could retreat to $100,000 in the near-term, citing risks tied to disappointing U.S. economic data.
He revealed he had already taken profits ahead of a potential dip.
Y? US Tariff bill coming due in 3q … at least the mrkt believes that after NFP print. No major econ is creating enough credit fast enough to boost nominal gdp. So $BTC tests $100k, $ETH tests $3k. Come see my @WebX_Asia Tokyo keynote Aug 25 for more info. Back to the beach. https://t.co/zuHlwgQKC7
— Arthur Hayes (@CryptoHayes) August 2, 2025
Hayes particularly expressed disappointment in the July Non-Farm Payrolls report, which showed just 73,000 new jobs, well below expectations.
Despite the bearish sentiment for August and even September, historically another weak month, long-term optimism remains. Kiyosaki has previously predicted Bitcoin could reach $1 million by 2030.
As of writing, Bitcoin is trading around $114,300, down about 4% over the past week. The largest cryptocurrency has lost around $170 billion in market cap since achieving its all-time high of $123,000 on July 14.
The Crypto Fear & Greed Index has bounced back into “Greed” territory on Monday after dipping to “Neutral” over the weekend.
While Bitcoin decides its next move, Bitcoin Hyper ($HYPER) has attracted $6.8 million in its ongoing token presale. Built as a high-performance Layer 2 solution for Bitcoin it uses the Solana Virtual Machine to deliver smart contracts and faster transactions which Bitcoin Cash still lacks.
The project links Bitcoin’s mainnet to the Hyper Layer 2 network through its Canonical Bridge letting users lock BTC and get tokens on Bitcoin Hyper.
This setup offers speed and versatility without sacrificing security. The $HYPER token price is expected to rise within 30 hours, creating an exciting opportunity for early participants.
Presale Details
Bitcoin Hyper is one of the best crypto presales currently underway as it aims to improve Bitcoin’s scalability and broaden its use cases.
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A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.