The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Anthony Pompliano Calls Market Conditions ‘Bitcoin Rocket Fuel’, Confirms Morgan Creek Digital Bought BTC Dip

by Daily Hodl Staff
March 14, 2020
in Bitcoin

Bitcoin (BTC) has bounced to $5,495 at time of writing, after dropping to as low as $3,850 and printing its heaviest loss in 24 hours since 2013. While the top currency managed to climb as high as $5,635 in today’s trading session, the spiking volatility is keeping traders rattled.

In spite of the historic losses and wild swings, Morgan Creek co-founder Anthony Pompliano remains upbeat on the cryptocurrency’s future, revealing how he bought the dip.

“Basically, what you guys have to understand is that there’s incredible pressure in the Bitcoin market but nothing about the network changed. It’s completely stable. It’s exactly how it was, and there’s been a very big price discount.

Of course, we’re bullish. As I said earlier this week, I bought more Bitcoin. We bought more Bitcoin at Morgan Creek. We definitely think that there is the same exact investment thesis that’s laid out.”

Pompliano says he’s confident that recent developments on the macro stage are rocket fuel for the king cryptocurrency.

“The more that we see the Bitcoin price and other assets drawing down, the more the Fed and the others are going to step in, create monetary stimulus.

When they create that monetary stimulus, because we’re addicted to it, all of the sudden, you’re going to see investors switch. They’re going to go from fear and uncertainty to ‘Holy sh*t, here comes massive monetary stimulus, possible high-levels of inflation, etc. I need to get out of the currency. I need to find a hedge. I need to find sound money principles or properties.’ And so they’re going to rush to gold and Bitcoin. They did this in 2008 and they’re going to do it again here.”

According to Pompliano, Bitcoin has a distinct advantage over gold because of the halving.

“Now, the difference between gold and Bitcoin is that gold supply is going to remain constant and the income supply is going to remain constant. The difference is that Bitcoin is going to have the halving occur in the next 60 days, give or take.

So everyone’s rushing to gold but all of a sudden 50% of the gold miners are shutting down, just saying, ‘Nope, we’re not going to produce any more gold.’ So obviously, the gold that is being produced becomes more valuable.”

Pompliano says several factors can catalyze a Bitcoin surge around the halving.

“I think that, as I’ve been saying for months and months now, there is complete rocket fuel for Bitcoin… You’re going to see the rate cuts, you’re going to see quantitative easing, and then you’re going to see the Bitcoin halving. It’s all going to happen around the same time. And, I think that Bitcoin is going to become incredibly attractive to a lot of people very quickly.”

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Roman3dArt

Submit a Press Release

Industry Announcements

  • LILPEPE Enters Fifth Presale Phase Following Rapid Sell-Out of Stage Four
    July 9, 2025
  • MultiBank Group Announces Early Access Waitlist for Pioneering MBG Token
    July 9, 2025
  • Status Unveils First Gasless L2 on Linea With 100% Community Yield Allocation Mechanism
    July 9, 2025
  • NEXBRIDGE and NEXPLACE Raise $8M Series A to Launch Integrated Bitcoin Capital Markets Ecosystem
    July 9, 2025
  • Little Pepe Becomes the Hottest Meme Coin of 2025 After Raising Over $4.5M in Presale
    July 9, 2025
  • G-Knot Appoints Fintech, Crypto Veteran Wes Kaplan as CEO To Launch the First Finger Vein Biometric Wallet
    July 8, 2025
  • GUNZ Announces GUN Token Expansion to Solana
    July 7, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$109,001.20
$109,001.20
0.54%
Ethereum
$2,651.41
$2,651.41
3.35%
BNB
$662.44
$662.44
0.58%
Solana
$153.78
$153.78
2.09%
XRP
$2.38
$2.38
3.72%

Spotlight

  • Rich Dad Poor Dad Author Buys More Bitcoin, Touts $1,000,000 BTC Price Prediction
    July 2, 2025
  • Scammers Drain $20,000 From Billion-Dollar Bank Customer Who Took Out Loan for Business Purposes: Report
    July 2, 2025
  • Markets Will Choose US-Regulated Stablecoins Over CBDCs ‘All Day, Every Day,’ Says Treasury Secretary Scott Bessent
    July 2, 2025
  • Trader Issues Bitcoin Warning, Says Only ‘Small Sliver’ of Time Left in Bull Market – Here’s His Timeline
    July 2, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl