Anthony Pompliano
π€ SpeakerAppearances Over Time
Podcast Appearances
And that, you know, it's kind of like a slowly and then all of a sudden.
And I think that's probably what we'll see here.
Now, the reason why I think that this is interesting is because my friend Mel Madison, he recently said something pretty interesting.
He said that narrative follows price.
A lot of people think that the price goes up once the narrative changes.
But everyone's been through the euphoria phase.
All of a sudden, price is down.
Everyone feels real bad.
Sentiment's in the toilet.
Then price starts a little jump.
Everyone starts to get excited again.
So narrative follows price.
And so the way to think about this is that there's no great Bitcoin narrative, according to Mel, right now.
And the chart tells a very different story.
He says, here is where you buy.
Only four times in the last five years have you had this opportunity.
I've kept my mouth shut, he says, on Bitcoin in recent months.
But this is it.
What a big statement from Mel.
It was clear on Sunday as futures opened, everything was down, but Bitcoin, then all the other markets followed Bitcoin up.