Financial author Robert Kiyosaki recently announced his intention to double his Bitcoin (BTC) 
$78,815 holdings if its price falls below $90,000. He cited rising U.S. debt and the Federal Reserve’s monetary policies as significant external pressures on Bitcoin while reiterating that the leading cryptocurrency is “real money.” Kiyosaki believes that a potential correction in Bitcoin might be triggered by the “August Effect,” and he maintains that the price could soar to $200,000 in the long term.
Kiyosaki’s Strategy Behind Bitcoin Accumulation
Kiyosaki has previously viewed price declines as buying opportunities, a strategy he plans to repeat. His current plan is straightforward: as soon as Bitcoin’s price breaches the $90,000 threshold, he will make additional purchases. According to him, the decline in price will not be permanent as it stems from macroeconomic factors rather than the asset’s fundamentals.
His model, dubbed the “August Effect,” is based on the assumption that decreased liquidity during summer months leads to increased selling pressure. Kiyosaki recalled that in previous cycles, he capitalized on these dips as purchasing opportunities, resulting in significant gains. Technical analysts indicate that the demand wall below $90,000 bolsters the area Kiyosaki identifies as a support level.
In past statements, Kiyosaki maintained the same strategy, emphasizing that times of fear are the most fertile for wealth creation.
Impact of U.S. Debt and Fed Policies on the Market
On the macroeconomic front, the rapidly increasing U.S. debt and the Federal Reserve’s stringent monetary policies remain focal points for analysts. Kiyosaki believes the growing debt burden will erode the purchasing power of the dollar, whereas Bitcoin, with its limited supply, will preserve its value. At the time of the report, CoinMarketCap data showed the largest cryptocurrency trading at $114,617.
Market participants believe that Kiyosaki’s statements could resonate on social media, potentially increasing retail buying appetite. Still, they emphasize that the primary determinants of price direction will be the Fed’s policy decisions, regulatory signals, and advances in network technologies. Although no significant regulatory moves are anticipated, technological updates are expected to moderate potential price fluctuations.
Analysts mention that despite news flows, the price remains strong above $100,000 and any potential decline could recover within a limited timeframe. However, they caution against the risk of volatility.
