Pompliano: Bitcoin Will Do 'Very Well' Over Long Run
Analysis
Price Impact
MedPompliano asserts bitcoin will perform 'very well' long-term, citing increased financialization (etfs, options). however, he acknowledges short-term headwinds like deflation risk and a psychological sell-off at the $100,000 mark, which could lead to continued volatility before long-term gains.
Trustworthiness
HighAnthony pompliano is a respected and well-known bitcoin advocate. his analysis, while bullish long-term, also acknowledges immediate risks and market dynamics (deflation, psychological levels, competition), which adds credibility to his perspective.
Price Direction
BullishDespite recent aggressive sell-offs and increased competition for speculative attention, pompliano remains fundamentally bullish on bitcoin's long-term prospects, emphasizing its growing financialization and intrinsic value.
Time Effect
LongThe core of pompliano's message is that bitcoin will do 'very well' specifically over the 'long run,' indicating that current fluctuations are temporary in the broader scheme.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News The magical price level The deflation risk More competition Advertisement Bitcoin evangelist Anthony Pompliano has told CNBC that the leading cryptocurrency by market capitalization will do "very well" in the long term despite the devastating crash. The magical price level According to Pompliano, there was "definitely" a psychological moment of $100,000. The investor claims that a lot of those who held Bitcoin for a long and you hit $100,000 decided that this was enough for them. "Some of these people sold," he added. HOT Stories Morning Crypto Report: XRP Skyrockets $63.1 Million on Its Own ETF Bull Market, 23,799,579,141 SHIB: Coinbase Whale Grabs Billions of Shiba Inu and Disappears, Dogecoin Creator's Crypto Market Prediction Amid Super Bowl Comes True Saylor Buys the Dip... at $78,000 You Might Also Like Tue, 05/20/2025 - 19:14 Bitcoin's Ascent Inevitable, Says Anthony Pompliano By Caroline Amosun Advertisement Moreover, as noted by Pomp, Bitcoin is now more financialized than it has ever been before. He named ETFs and options as some examples of such novel financial instruments. The deflation risk Pompliano has identified deflation as the biggest risk as of now. "Bitcoin has sold off aggressively over the last couple of months, and I think that it is tied somehow to that deflation," he added. More competition Finally, as noted by Pomp, there are other things to do in the market for those who are into Bitcoin. These include artificial intelligence and prediction markets. Advertisement According to the inverter, the attention of speculative investors has become increasingly fractured. #Bitcoin News