Anthony Pompliano
👤 SpeakerAppearances Over Time
Podcast Appearances
Bitcoin?
That will be at all-time highs.
Yes.
In my opinion, Bitcoin will bottom first.
It's already acting better.
I mean, it's amazing that during this whole four-week period.
Crazy.
Four weeks.
It has sat every single day between $68,000 and $72,000 on a closing basis, except for like three days.
It's insane that you've been able to sit there now.
Why do you think that's happening?
Just before you get to the price.
Well, first of all, I do think that there were a lot of trades that were short Bitcoin in general.
So one of the things people have to do, like I was listening to some podcasts on the way over here, like, yeah, consumer staples are going down.
That means something good's happening in the market.
I'm like, guys, you guys got to get used to this.
When there's deleveraging.
pair trades are coming off.
Deleveraging by definition in the hedge fund world means, okay, I'm long gold, I'm short Bitcoin.
I think a lot of people had that trade on.