Oh, darling, gather ’round for the latest in financial theatrics. As Bitcoin struts its stuff around $114,000, some so-called “experts” are practically praying for a dip below $100,000 this August. Why? So they can swoop in like vultures at a clearance sale and bulk up their crypto stashes. Truly, the art of bargain hunting has never been so… digital.
And who should lead this merry band of bargain hunters but the ever-dramatic Robert Kiyosaki? In a tweet that could rival one of my own quips, he boldly predicts BTC will tumble to $90,000. Not entirely mad, mind you—history does have a penchant for repeating itself, especially in August. It’s almost as if Bitcoin has an annual appointment with chaos. 📅📉
What Could Possibly Go Wrong This August?
Ah, let us consult the oracle of on-chain data from CoinGlass. Since 2014, Bitcoin has had more August meltdowns than a debutante at her first ball. A 13% plunge in 2022, an 11.29% nosedive in 2023, and even last year’s comparatively mild 8.6% drop—all evidence of what Kiyosaki dubs the “Bitcoin August Curse.” Naturally, he plans to double his stash if this curse rears its ugly head again. One must admire such optimism—or is it opportunism?
“The problem isn’t Bitcoin,” declares our dear Robert. “It’s those PhDs running ‘the SWAMP,’ the Fed, and our Treasury.” Oh, how deliciously dramatic! He paints them as bumbling bureaucrats who wouldn’t know a blockchain from a brick wall. Their decisions ripple through markets faster than gossip at a cocktail party, affecting everything from stocks to Satoshi’s brainchild.
But wait, there’s a silver lining! Kiyosaki assures us that a dip to $90,000 would make investors richer—or at least feel smugger about their timing. After all, nothing says sophistication like buying low and gloating high. 🎩💰
BTC Wobbles Around $114K
Let us not forget the recent fireworks when BTC hit an all-time high above $123,000 on July 14th. Public companies hoarding BTC like it’s caviar certainly helped fuel the frenzy. Alas, since then, it has stumbled back down below $112,000 over the weekend. Recovering slightly, it now sits pretty at $114,500—a mere 6% off its peak. How delightfully unpredictable! One moment it’s champagne, the next it’s tap water. Cheers to volatility! 🍾🎢
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2025-08-04 15:41