Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, recently shared his thoughts on what he calls the “Bitcoin August Curse.”
In a post on X, Kiyosaki shared, “BITCOIN CURSE: Will the ‘Bitcoin August Curse’ crash Bitcoin’s price to below $90k? I hope so.” He added that a Bitcoin drop would present an opportunity to double his investment.
Kiyosaki also said that he spent the summer attending events like The Collective and Limitless Financial Education, where he learned from well-known finance experts such as Larry Lepard, Jim Rickards, and Brent Johnson. He praised these experts as “real teachers” that practice what they teach.
Despite concerns over a potential price drop, Kiyosaki made it clear: Bitcoin isn’t the problem. He added that the real issue is the multi-trillion-dollar U.S. debt and the “incompetent PhDs” running the Federal Reserve and U.S. Treasury. He believes these leaders are mismanaging the economy and sees Bitcoin as a safe haven.
He ended his message by saying the August Curse could actually help long-term Bitcoin investors become richer.
What Is the Bitcoin August Curse?
The “Bitcoin August Curse” refers to a recurring trend where Bitcoin declines or experiences significant corrections during the month of August. It’s not a guaranteed phenomenon, many experienced cryptocurrency investors are still keeping a careful eye on the market this month, anticipating unexpected price fluctuations.
Historical data also supports this seasonal anticipation. Bitcoin experienced extreme volatility last August. The price fell from a high of $65,587.9 at the start of the month to a low of $49,486.9 on August 5, marking an 8.7% drop. The month’s average price was $59,913.4 and showed a dramatic variance of more than $16,000 between the high point and the low point.
However, there has not been such a sharp drop in August 2025 yet. At the time of writing, Bitcoin price had reached $114,358, which is around 7% down from its recent all-time high of $123,00 on July 14 .
Despite all of this, analysts like Arthur Hayes believe that Bitcoin will surge up to $250,000 by year-end 2025. Whether the “August Curse” will strike again this year remains to be seen, but investors like Kiyosaki are watching closely and preparing to buy the dip.
Also Read: Bitcoin Rebounds Near $115K as Traders Buy the Dip
