- Bitcoin will rise regardless of presidents, policies, or ETF developments, Pompliano claims.
- Pompliano views Bitcoin’s momentum as intrinsic, not driven by market or policy changes.
- He believes political influence impacts Bitcoin’s pace but not its upward direction.
- Post-halving, Pompliano expects Bitcoin’s growth to continue but with smaller percentage gains
Anthony Pompliano is confident that Bitcoin will rise. In a recent interview, Pompliano said “Doesn’t matter who the president’s going to be—Bitcoin’s going up. Doesn’t matter what monetary policy is—Bitcoin’s going up. Doesn’t matter what happens with the ETFs—Bitcoin’s going up.”
According to him, no political figure or financial institution can change Bitcoin’s trajectory. Instead, he believes the only real question is how much and how quickly this increase will happen.
Market Sentiment and ETF Flows Don’t Determine Bitcoin Path
Pompliano stressed that recent enthusiasm surrounding exchange-traded funds (ETFs) and other financial shifts are simply distractions. So, he noted that while U.S. Bitcoin ETFs drew nearly $2.4 billion in net inflows over six days, this alone does not explain Bitcoin’s momentum.
He said, “It’s not going up because of any of that. People are just grasping for straws.” So, to him, Bitcoin’s strength is intrinsic and unrelated to transient market movements. “Sideways summer is now officially over.” This means that Bitcoin’s cyclical nature will soon propel it upward, just like it did back in 2020.
The Trump vs. Harris Debate: Public Opinion vs. Bitcoin Reality
Pompliano acknowledged a public sentiment that former President Trump may be more supportive of Bitcoin than Vice President Harris. However, he dismissed this as merely a factor in the market’s pace, not its direction. “All those things do not impact the direction of travel; they impact the severity of the move.”
For Pompliano, the Bitcoin market operates on a broader scale than the American presidency. So, he expects Bitcoin to rally in the next 18 months. However, he cautioned, “Do not expect it to be nearly as big on a percentage basis as it has been in the past.”
Expect Smaller Returns Post-Halving but Continued Growth
Pompliano predicted that Bitcoin’s post-halving price increase might not mirror its past surges. Whereas Bitcoin saw up to 1,000% gains in previous cycles, he advises adjusting expectations, saying, “Maybe you should expect maybe a 100 or 200% move, which still is great.”
So, he attributes this deceleration to Bitcoin’s larger market cap and reduced volatility as it matures. This shift, he claims, will produce steadier but smaller returns.
The Bitcoin Network: Too Powerful to Suppress
Addressing regulatory risks, Pompliano argued that even the world’s most powerful leaders cannot hinder Bitcoin. “The president of the United States cannot do anything to hurt Bitcoin,” he stated.
Referring to nations that have banned Bitcoin, including China and Pakistan, Pompliano pointed out that adoption surged in those places, as people “revolt and they go and they adopt.” So, in his view, attempts to ban Bitcoin tend to generate more interest in it, as people look for ways to retain financial control.
The Strength of Bitcoin Network Outweighs Any Opposition
Pompliano noted that Bitcoin is backed by the world’s most robust computing network. Which outpaces the combined power of Amazon Web Services, Google Cloud, and Microsoft Azure. “Bitcoin is the strongest computer network in the world,” he said.
Pompliano likened Bitcoin’s emergence to “a Public Health crisis that got let out of a lab,” a resilient idea thriving in a meritocratic environment due to its practical value and solid infrastructure.
Mass Adoption Brings Stability but Lowers Returns
With Bitcoin up about 60% this year, Pompliano sees its more stable growth as a sign of increased mainstream acceptance. So, he pointed out, “You are going to get a dispersion of ownership,” which, while good for adoption, can dampen returns.
By comparison, gold is up about 30% this year, showing how Bitcoin’s performance still leads. Still, he suggested that Bitcoin’s decreasing volatility is a good thing for those seeking more consistent returns without the extreme swings of early years.
Conclusion
According to Pompliano Bitcoin is set to grow, unfazed by political tides or market speculation. The asset’s decentralized and resilient nature keeps it beyond the reach of any single government or economic policy.
So, he put it simply, “Bitcoin is going up because it’s time to go up.” Pompliano expects Bitcoin’s returns to stabilize over time, with confidence that it will outperform traditional assets like stocks and gold in the long run.
Pompliano Status; image status
The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from cryptonewsbytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from the company.
