Anthony Pompliano breaks down his Bitcoin outlook for 2021
Co-founder at Morgan Creek Digital Anthony "Pomp" Pompliano has some thoughts on where the Bitcoin market is heading in the coming year. In an exclusive interview with Cointelegraph, Pomp reaffirmed the Bitcoin price prediction he made back in 2019. “It’s going to be pretty aggressive. I am pretty confident in Bitcoin to $100K by the end of 2021."Together with favorable macroeconomic conditions, Pompliano sees the after-halving effect as one of the main catalysts that could drive Bitcoin toward that potential target. Pomp believes that Bitcoin’s diminishing supply coupled with increased....
Related News
There are many that say Bitcoin is poised to see rapid appreciation in years ahead, but many don’t have much skin in the game. Investor and former Facebook team member Anthony Pompliano recently said this is not the case with him. He said in a podcast that 80% of his wealth is concentrated in the leading cryptocurrency. Anthony Pompliano, Fund Manager, Says He Has 80% of His Wealth in Bitcoin Long-time Bitcoin bull Anthony Pompliano […]
As the dust settles on Tesla withdrawing Bitcoin as a payment option, the community is awash with speculation over what happened. On that, Bitcoin-bull Anthony Pompliano chimes in with a theory that yesterday’s bombshell was the beginning of an elaborate ruse to usher in new technology from Tesla. Pompliano Gives His Take On The Bitcoin […]
Bitcoin has zero correlation to stocks once more and critics were wrong to doubt its safe-haven status, says the Morgan Creek Digital co-founder. Bitcoin (BTC) “could not be more uncorrelated” with the stock market, Anthony Pompliano says as data shows that BTC is leaving macro assets behind.In a series of tweets on Oct. 26, the Morgan Creek Digital co-founder, also known as “Pomp,” took critics to task over their accusations that Bitcoin was a poor store of value.Pomp on safe haven Bitcoin: “The market is proving it”Pompliano uploaded a chart from behavior analysis platform Santiment,....
Bitcoin bull Anthony Pompliano shares his thoughts on the digital euro, reminding everyone that it won’t be decentralized, nor will it signal a change in monetary policy. This week, the European Central Bank (ECB) announced it had started researching the digital euro. They added that they had not decided on whether it will get implemented. […]
Bitcoin's drop below $30,000 has sparked worries that it is heading to $20,000 next. But is such a massive drop feasible against the current macro fundamentals? A recent sell-off in the Bitcoin (BTC) market pushed its prices below the key psychological support of $30,000. While the cryptocurrency's move downhill prompted many analysts, including Luno exchange's Vijay Nayyar and Kinetic Capital's Jehan Chu, to predict a further depressive move below $25,000, Anthony Pompliano offered a contrasting bullish outlook.The Morgan Creek Digital Assets founder pitted risk-on markets against the....