Anthony Pompliano stated that the dream of Bitcoin reaching $150,000 has been shattered—but an 80% fall has also been shattered.

robot
Abstract generation in progress

Anthony Pompliano (Anthony Pompliano) believes that the drop in Bitcoin's volatility eliminates the possibility of its price big pump to $150,000, but also avoids a catastrophic fall of up to 80%. VanEck's Matthew Sigel (Matthew Sigel) points out that the Halving of volatility means a retracement of about 40%, as shown by Bitcoin's fall from $126,000 to $80,000. While this frustrates traders who rely on extreme fluctuations to profit, it creates a more institutional-friendly asset with more stable returns. Pompliano also emphasizes the integration of companies like Coinbase and Robinhood into a “universal exchange” and predicts that future artificial intelligence will generate corporate revenue, which will be used to invest in Bitcoin and other encryption assets.

BTC-0.45%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)