Will Kiyosaki double his Bitcoin when the price drops below 90,000 USD?

Robert Kiyosaki recently announced his intention to double the amount of Bitcoin (BTC) he holds if its price falls below $90,000. He believes that increasing public debt in America and the monetary policy of the Federal Reserve are significant external pressures on Bitcoin, while asserting that this leading cryptocurrency is "real money." Kiyosaki believes that a potential correction of Bitcoin could be triggered by the "August Effect," and he still maintains the view that the price could surge to $200,000 in the long term. Kiyosaki's strategy behind accumulating Bitcoin Kiyosaki has previously viewed price falls as buying opportunities, a strategy he intends to repeat. His current plan is very simple: as soon as the price of Bitcoin exceeds $90,000, he will buy more. According to him, the price decline will not last long as it stems from macroeconomic factors rather than the fundamental aspects of the asset.

His model, called "The August Effect", is based on the assumption that liquidity decreases during the summer months leading to increased selling pressure. Kiyosaki recalls that in previous cycles, he took advantage of these dips as buying opportunities, resulting in significant profits. Technical analysts point out that the buy wall below $90,000 reinforces the area that Kiyosaki identifies as the support level. In previous statements, Kiyosaki has maintained a similar strategy, emphasizing that times of fear are the most fertile moments to create wealth. The impact of US public debt and the Federal Reserve's policy on the market In terms of macroeconomics, America's public debt is rising rapidly and the Federal Reserve's tightening monetary policy remains a focus for analysts. Kiyosaki believes that the increasing burden of public debt will erode the purchasing power of the dollar, while Bitcoin, with its limited supply, will preserve value. At the time of the report, data from CoinMarketCap shows that the largest cryptocurrency is trading at $114,617. Market participants believe that Kiyosaki's statements could resonate on social media, potentially driving the purchasing demand of individual investors. However, they emphasize that the main factors determining price direction will be the Fed's policy decisions, regulatory signals, and advancements in network technology. Although no significant regulatory moves are anticipated, technological updates are expected to mitigate potential price fluctuations. Analysts believe that despite the news flow, prices remain high above $100,000 and any potential dips could recover within a limited time frame. However, they warn of the risk of volatility.