Editor's Picks News

Anthony Pompliano: bitcoin price could fall below $3 thousand

The founder of Morgan Creek Anthony Pompliano expressed the opinion that the bitcoin price will continue falling and will fall below $3 thousand With such a forecast he made in an interview with CNBC.

“I think in the short term bitcoin will continue to fall”, — said Pompliano.

Nevertheless, he believes that bitcoin will continue to grow and develop in the long term. The expert explained that cryptocurrencies are superior to traditional financial institutions for transparency. Pompliano, noted that bitcoin is not correlated with traditional asset markets and the shares of major companies — Facebook, Apple, Amazon, Netflix and Google.

Previously, Anthony Pompliano said that pension funds need to add bitcoin to their portfolios. He believes that a high yield of cryptocurrencies will help to resolve the pension crisis.

.

Related posts

SOL Up 8% and Solana Overtakes XRP As the 5th Crypto by Market Capitalization

fernando

OpenSea’s Biggest Investors has Marked Down by 90% its Stake

jose

Nexo Launches its Web3 Focused Acquisition and Investment Fund

Afroz Ahmad