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Bitcoin (BTC) is once again under pressure as the “August curse” looms over the crypto market. According to renowned investor and “Rich Dad Poor Dad” author Robert Kiyosaki, the world’s leading cryptocurrency could drop to $90,000 in the short term before resuming its upward trend. While many traders fear a deeper correction, Kiyosaki views this as a golden opportunity to accumulate more BTC before the next bull run.
Historical August Slumps Raise Concerns
August has historically been a volatile month for Bitcoin and the broader crypto market. In previous years, BTC has posted lackluster performance during this period due to a combination of low trading volumes, macroeconomic uncertainty, and profit-taking by large holders. The term “August curse” has emerged among traders to describe this recurring pattern of negative price action.
So far, 2025 appears to be following a similar trajectory. After reaching a local high of $112,000 in July, Bitcoin pulled back below $98,000 in early August, triggering fears of a longer correction. Weak on-chain data and cautious institutional flows have only added to the uncertainty.
Kiyosaki Sees Opportunity, Not Panic
Despite the pullback, Robert Kiyosaki remains optimistic. In a recent social media post, he stated, “If Bitcoin drops to $90K, I’ll buy more. Crashes are where the wealth is made—not when prices are high.” Known for his criticism of fiat currency and central banks, Kiyosaki has been a vocal proponent of Bitcoin as a hedge against inflation and monetary instability.
Kiyosaki believes that short-term dips should not scare long-term investors. Instead, they provide a rare chance to accumulate BTC before another leg up. According to him, macroeconomic indicators—including rising debt levels, global currency devaluation, and geopolitical risk—continue to strengthen the case for decentralized assets like Bitcoin.
On-Chain Metrics Support Short-Term Bearish Outlook
While Kiyosaki’s long-term optimism is shared by many, several on-chain indicators point to short-term weakness. Exchange inflows have increased, suggesting that investors may be preparing to sell. Glassnode data shows a rise in the active supply of Bitcoin, which typically precedes a price correction.
The Bitcoin Fear & Greed Index also dropped to 46, signaling growing investor fear after weeks of neutral to bullish sentiment. Additionally, whale wallets have been relatively quiet, with few signs of large-scale accumulation in recent days.
However, analysts note that these metrics often reverse quickly. If BTC finds support at key levels, renewed whale accumulation and ETF inflows could rapidly shift the market’s direction.
Technical Levels to Watch
From a technical perspective, Bitcoin is approaching a crucial support zone around $90,000–$92,000. This level previously served as a resistance-turned-support during the May-June rally. A breakdown below this range could open the door for a deeper move toward $85,000. Conversely, a bounce from this zone may confirm the pullback as a healthy consolidation within a broader uptrend.
RSI (Relative Strength Index) currently hovers near 42 on the daily chart, indicating that BTC is entering oversold territory. If bulls step in soon, the setup may attract swing traders looking for a reversal toward the $100K mark.
Broader Market Sentiment Still Bullish
Despite the short-term dip, the broader sentiment around Bitcoin remains largely positive. The approval of multiple Bitcoin ETFs earlier this year has significantly boosted institutional exposure. Companies like BlackRock, Fidelity, and Grayscale continue to report steady inflows.
Moreover, the Bitcoin halving that occurred in April 2024 is still expected to drive long-term supply scarcity. Historically, BTC prices have surged within 12–18 months following a halving event.
With global inflation concerns, economic instability in emerging markets, and central banks hinting at renewed easing, Bitcoin remains well-positioned as a long-term store of value.
Conclusion: Correction or Opportunity?
While the “August curse” may result in temporary weakness, many—including Robert Kiyosaki—believe the current dip offers a chance to accumulate before the next leg up. With strong macro fundamentals, increasing institutional adoption, and growing demand for decentralized finance, Bitcoin continues to attract long-term investors.
If BTC drops to the $90,000 level as Kiyosaki predicts, it may not be a sign of failure—but rather a rare buying window before new all-time highs emerge. Traders should stay cautious in the short term but keep an eye on long-term opportunities that could define the next phase of the crypto bull cycle.
