Bitcoin has been a “monster in financial markets” even though it hasn’t hit the most optimistic 2025 price targets, says Anthony Pompliano.
Bitcoin’s lack of an exciting year-end price rally may be the catalyst that prevents a significant crash in the first quarter of next year, according to Bitcoin entrepreneur Anthony Pompliano.
“Given where the volatility is right now, it would be very surprising that Bitcoin’s volatility has drastically compressed and yet still could get a 70% or 80% drawdown,” Pompliano said during an interview on CNBC on Tuesday.
Pompliano said the short-term disappointment from Bitcoin (BTC) holders over the asset not reaching $250,000 this year overlooks the broader performance. “We have to remember that Bitcoin is up 100% in two years. It’s up almost 300% in three years. It has been compounding,” he said.
