TLDR
- Bitcoin fell from $118,000 to around $112,300 at the start of August.
- Robert Kiyosaki expects a Bitcoin crash to $90,000 but has no plans to sell.
- August has historically been a weak month for Bitcoin with eight losses in the past 12 years.
- The average August drop for Bitcoin is around 11.4 percent based on past data.
- Arthur Hayes also expects a short-term Bitcoin decline due to weak U.S. job data.
Bitcoin began August with continued losses, dropping from $118,000 to nearly $112,300 over the weekend. The decline follows a pattern seen in past years, raising concerns about another potential Bitcoin crash. Long-term bullish investors, however, remain firm despite the latest downturn.
The price now hovers around $114,300, reflecting a 4% fall over the past week and erasing billions in market value. Market sentiment dipped into “Neutral” briefly but returned to “Greed” territory as of Monday, showing mixed short-term views. Meanwhile, long-range projections remain unchange, with several market figures predicting a rebound in the future.
Bitcoin lost approximately $170 billion in market capitalization after hitting a record $123,000 on July 14, signaling market uncertainty. Despite this, macroeconomic concerns and technical levels continue to dominate traders’ attention. August’s early weakness is already causing some to prepare for another Bitcoin crash before the month ends.
Kiyosaki Expects Bitcoin Crash But Prepares to Buy More
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” expects a Bitcoin crash this August but has not reduced his holdings. He identified a historical pattern, often called the “Bitcoin August Curse,” where the coin underperforms during this month. Despite this, he remains focused on accumulating more if the price falls.
BITCOIN CURSE: Will the “Bitcoin A
August Curse” crash Bitcoin’s price to below $90k?I hope so.
I enjoyed an exciting educational summer attending “The Collective” and “Limitless Financial Education Event.” Learning about what lies ahead with speakers such as Larry…
— Robert Kiyosaki (@theRealKiyosaki) August 4, 2025
Kiyosaki is particularly concerned with broader economic issues, including the rising U.S. national debt and central bank policy moves. These factors, he believes, strengthen Bitcoin’s long-term value despite short-term market swings. He continues to view Bitcoin as a hedge against flawed financial systems.
Over the last 12 years, Bitcoin posted losses in August eight times, with some years showing drops near 11.4%. If repeated, the projected Bitcoin crash could push prices as low as $105,000. That level is gaining attention as traders prepare for possible buying opportunities.
Arthur Hayes Also Predicts Near-Term Weakness
BitMEX co-founder Arthur Hayes also expects a possible Bitcoin crash near $100,000 after exiting some of his earlier positions. Hayes attributes the potential pullback to weaker-than-expected U.S. job data and slowing macroeconomic indicators. The July Non-Farm Payrolls report showed only 73,000 new jobs, missing expectations.
Y? US Tariff bill coming due in 3q … at least the mrkt believes that after NFP print. No major econ is creating enough credit fast enough to boost nominal gdp. So $BTC tests $100k, $ETH tests $3k. Come see my @WebX_Asia Tokyo keynote Aug 25 for more info. Back to the beach. https://t.co/zuHlwgQKC7
— Arthur Hayes (@CryptoHayes) August 2, 2025
This has intensified concerns over upcoming Federal Reserve actions and market liquidity in the short term. Hayes indicated that he took profits ahead of the decline, expecting further downside before recovery. While short-term weakness dominates headlines, longer-term confidence remains among top crypto analysts.
