Bitcoin News
By Maheen Hernandez
1 / 15
Historical August Slumps Raise Concerns. August has historically been a volatile month for Bitcoin and the broader crypto market.
2 / 15
Kiyosaki Sees Opportunity, Not Panic. Despite the pullback, Robert Kiyosaki remains optimistic.
3 / 15
On-Chain Metrics Support Short-Term Bearish Outlook. While Kiyosaki’s long-term optimism is shared by many, several on-chain indicators point to…
4 / 15
Technical Levels to Watch. From a technical perspective, Bitcoin is approaching a crucial support zone around $90,000–$92,000.
5 / 15
Broader Market Sentiment Still Bullish. Despite the short-term dip, the broader sentiment around Bitcoin remains largely positive.
6 / 15
Conclusion: Correction or Opportunity?. While the “August curse” may result in temporary weakness, many—including Robert Kiyosaki—believe…
7 / 15
Bitcoin (BTC) is once again under pressure as the “August curse” looms over the crypto market.
8 / 15
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…
9 / 15
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…
10 / 15
Despite the pullback, Robert Kiyosaki remains optimistic. In a recent social media post, he stated, “If Bitcoin drops to $90K, I’ll buy more.
11 / 15
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.
12 / 15
The Bitcoin Fear & Greed Index also dropped to 46, signaling growing investor fear after weeks of neutral to bullish sentiment.
13 / 15
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…
14 / 15
RSI (Relative Strength Index) currently hovers near 42 on the daily chart, indicating that BTC is entering oversold territory.
15 / 15
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…
The Currency Analytics
Want the full story?