Anthony Pompliano
👤 SpeakerAppearances Over Time
Podcast Appearances
The S&P and NASDAQ, I think it's up 14% and 18% or whatever it is, getting trounced by just major equity indexes.
Bitcoin is now trading below the level when Trump took office.
Mm-hmm.
There is a sentiment change that's happening.
I've talked with, in private, a number of what I would consider very hardcore Bitcoin believers.
Some of them are saying, hey, we're going into a bear market.
Some of them are getting a little frustrated and saying, maybe there's not as much upside return here as possible, maybe kind of like a Peter Thiel type viewpoint.
On one hand, when I hear that stuff and the negative bearish sentiment, I think, be bullish.
Do the opposite of what other people, right?
You go on X, everyone's bearish.
Maybe I should be bullish.
At the same time, if everyone who's supposed to be buying the asset is bearish and they're not buying the asset, it kind of reinforces downward pressure on a stock, whether that's Bitcoin, tech stocks, or whatever.
Mm-hmm.
How do you decipher the difference between bearish sentiment being positive versus like, don't try to be different and wrong, you know, just follow the crowd.
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