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Rich Dad Poor Dad Author Points to Potential Bitcoin Crash in August

2025/08/05 09:31 (Updated 2025/08/05 12:01)

CoinPost

Written by K.Kobayashi

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Rich Dad Poor Dad Author Points to Potential Bitcoin Crash in August

The August Curse of Bitcoin

Robert Kiyosaki, author of the bestseller 'Rich Dad Poor Dad,' pointed out on the 4th that the price of Bitcoin (BTC), a cryptocurrency asset, could crash in August.

He questioned whether Bitcoin would fall below $90,000 (approximately 13.2 million yen) in August, answering himself in the affirmative and expressing a desire for such a scenario. He argued that the real cause of any potential crash would not be due to Bitcoin itself, and mentioned he would double his position at that time.

In his post, Kiyosaki claimed that 'The August Curse of Bitcoin' could lead to a crash. While he did not specify, he suggested based on past market conditions that August could be a challenging month for Bitcoin's performance...

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