Anthony Pompliano on bitcoin: 'Nobody knows how high it can go'

Bitcoin (BTC-USD) prices have retreated from their all-time highs, but they are still higher year-to-date, thanks, in part, to enthusiasm for new spot bitcoin ETFs. As for the next catalyst for prices, it is likely coming in April when the cryptocurrency goes through a halving.
At the inaugural Bitcoin Investor Day, Anthony Pompliano, founder of Pomp Investments and host of the “The Pomp Podcast” spoke with Yahoo Finance's Brad Smith about what lies ahead for the digital asset and how Wall Street's view of bitcoin has evolved.
When asked how high bitcoin prices can go, Pompliano notes "We have violated a lot of the rules that people previously relied on in bitcoin." One of those "rules" is bitcoin hitting new highs ahead of a halving. On that point, Pompliano calls it "uncharted territory," noting that bulls will argue that it means prices will go even higher, while others may think "anything can happen."
Watch the video above to hear what Pompliano has to say about the role bitcoin could play in elections around the world.
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[mopthermopther]

up and down -
but the overall
trend is ↗️

[Aziz_]

Gold market cap currently is $14.5 trillion … if Bitcoin as a “store of value” asset takes 50% of that, it will be valued at $360, 000

[BarclayBlair]

From my observation and historical market pattern, there might be a bit of turbulence in the market coming up, but here's the deal: Trying to guess what's going to happen next is less important than spreading your bets when trading and thinking long term. It's not about guessing the market's next move; it's about playing it smart and steady...managed to grow a nest egg of around 190k to a decent 732k in the space of a few months... I'm especially grateful to Eric Birger, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[godislove]

Anthony is very right. Nobody knows anything about Bitcoin and how high it can go. It's a mystery.

[davidnguyen]

He didn’t even describe btc’s halving event correctly

[Lunlun]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

[Willks]

We're all finance people here knowing what's the terminal value of an asset with no intrinsic value (hence its present fair value), but true that ups and downs before achieving terminal value may be quite ample...

[only_visiting]

Bitcoin has no top, because fiat has no bottom. -Max Keiser

[Bobkanada]

I just hope this is not a pump and dump scheme overall. Alot of people are pushing Bitcoin. Thats why it scares me a bit.

[AVAInvestmentAnalyticsLive]

The typical clown promoted by the media...no credibility, just a nobody. But he's related to the media guys, so they promote him. Exposed this clown recently.

[osvisuals]

200K by September or October, then a major pullback before another run in 2025 to 240k-250k.

[josefinacazaresavina]

For sure yes $ AMC24T. Going to have a huge Q4

[jay-irpd]

>I have about 5% of my portifolio in AAPL stock, any advice on any other that I can grow my $200 k capital to a million dollars???

[GojaraGojara]

The disruptive potential of AMC24T intrigues me. This might affect the course of the bitcoin business!

[esmeraldazamoracasa]

BRO WHY ARE YOU NOT TALKING ABOUT AMC24T

[normavianetharmentamoreno]

For real AMC24T at less than $1. is like BTC at $1000. When AMC24T finally blows it's gonna be epic.

[AngelGuadalupeGarcia-qolf]

AMC24T might just have the biggest potential of any altcoin right now. 🤜🤛

[MarcelaCastro-bx]

Not sure about BTC and ETH, but putting USDT in AMC24T for 10x makes sense.

[yaquelynelizethgodinez]

ADA is the safest 30x from now to 2025. AMC24T is the 1000x gem ready to shock the market

[erickramirez]

Bro, i bought AMC24T in Feburary after your video. i'm up 479%.