COMING SOON: A New Way to Earn Passive Income with DeFi in 2025 LEARN MORE

PCM CEO Anthony Pompliano says less volatility on the upside could mean a 10X surge for Bitcoin

In this post:

  • CEO of Professional Capital Management Anthony Pompliano says the current Bitcoin corrections could pave the way for a 10X bull run off the bottom.
  • The executive highlighted Bitcoin’s performance in 2017 when Bitcoin recorded a 20X gain after six different drawdowns of about 30%.
  • He explained that the current drawdowns are much more muted, signifying the existing demand for Bitcoin and less volatility to the upside.

Founder and CEO of Professional Capital Management Anthony Pompliano has expressed his bullish outlook on Bitcoin. The official said the current Bitcoin corrections could pave the way for a 10X bull run off the bottom.

Bitcoin advocate and CEO of Professional Capital Management Anthony Pompliano believes Bitcoin is on the verge of recording a 10X surge despite the ongoing market meltdown. According to the executive, the crypto asset has periodically recorded massive corrections during its bull cycles.

Anthony Pompliano says Bitcoin could surge by 10X

In an interview with CNBC, a reporter asked Pompliano about the future price of Bitcoin. Pompliano said he doesn’t have a clue about where the price is going to go in terms of numbers. However, he explained his positive outlook based on the asset’s historical performance.

Pompliano said the crypto bull cycles historically portray periodic drawdowns that pave the way for significant upsurges. The executive referenced Bitcoin’s performance back in 2017 and highlighted that the digital asset made a 20X gain but withheld six different massive drawdowns that averaged about 30%.

Pompliano said that the recent corrections on the digital assets are less volatile than the previous correction. According to the official, the corrections are much more muted at an average rate of 15%. Pompliano noted that the muted corrections signify a growing demand for Bitcoin among investors and a declining volatility towards the upside. He said that the less volatility to the upside could pave the way for a 10X upsurge off the bottom.

“What we’ve seen lately is that those drawdowns are much more muted. So you are getting about 15% drawdowns. And so what that tells me is one there is a persistent bid for people who want Bitcoin. But second is that there likely is going to be less volatility to the upside as well. And the beauty of Bitcoin is that less volatility to the upside means that maybe we go up 10x off the bottom.” 

Anthony Pompliano

During the interview, Pompliano also highlighted that Bitcoin is the most sensitive asset to global liquidity. He explained how Bitcoin will benefit from the U.S. working on lowering interest rates to weaken the dollar. 

See also  Blackrock sells 5,002 Bitcoin, marking its largest ever outflow in a single day

The reporters asked Pompliano about his thoughts on the U.S. Securities and Exchange Commission dropping its case against Coinbase. In response, Pompliano said that the dropped case signifies a policy shift for U.S. regulators. According to the Bitcoin advocate, regulators may have dropped the case to focus on supporting the industry and bringing regulatory clarity to crypto-oriented companies.

Pompliano also labeled memecoins as a distraction to the focal point that traders and investors should concentrate on. He explained that no one has suggested adding memecoins to proposed strategic reserves.

Pompliano says Bitcoin’s large market cap makes it more appealing to institutions

Anthony Pompliano has been a long supporter of the crypto industry. In December 2024, he was interviewed by FOX 5 where he expressed his optimistic view about Bitcoin’s performance in 2025. He expressed his confidence that the crypto asset will continue to thrive in 2025. 

During the interview, Pompliano narrowed his focus on two factors that will catalyze Bitcoin’s growth. First, he explained that the ongoing global money printing culture will heighten inflation, forcing investors to drive investments in alternative assets like Bitcoin. He pointed out the Fed’s actions could amplify access to cheap capital that will stream into crypto assets like Bitcoin when the money supply expands.

See also  Fidelity expands Bitcoin holdings with significant purchase of 2.1K BTC

He also discussed how Bitcoin’s surging market cap has made it more attractive to institutional players. According to Pompliano, Bitcoin was too small and risky for major investors when priced at $1,000. The asset has a market cap of $2 trillion and is now viewed as a much safer investment. 

Discussions around the asset’s long-term value have escalated to government levels as different countries are now considering Bitcoin reserves for their respective treasuries. The U.S. has sent the pace as Donald Trump promised to establish a Bitcoin stash for the U.S. Treasury. State governments have also proposed adding the asset to their treasuries.

Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

Share link:

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Editor's choice

Loading Editor's Choice articles...
Subscribe to CryptoPolitan