Pomp Investments founder Anthony Pompliano remains long-term bullish on Bitcoin (BTC) despite the flagship crypto asset falling below the $100,000 psychological price level.
Pompliano says in a FOX 5 interview that “2025 will continue to be a great year for Bitcoin.”
[adinserter block="1"]According to the investor, two factors are likely to drive the price of Bitcoin to greater heights.
“One, you’re going to continue to get printing of money both in the United States and globally.
And then two is you have a Federal Reserve that is cutting interest rates. And as that M2 money supply grows and interest rates go down, you get cheap capital coming into the market.”
Pompliano also explains why Bitcoin’s rising prices and increasing market cap make BTC “less risky” for deep-pocketed investors.
“If you go back and you look at it when Bitcoin was at $1,000, there was plenty of these large capital pools that said, ‘This thing’s new, this thing is too small. I need to put tens of billions of dollars into an investment, I can’t do it with this, it’s too risky.’
Now as Bitcoin has gotten bigger and it’s gotten to a $2 trillion market cap, now all of a sudden everyone’s like, ‘Wait a second, I can put money in it. It’s derisked. This is an opportunity for me.’
And so as the price continues to go higher, more of these large pools of capital will come in. As large pools of capital come in to buy a finite-supply asset, price should continue to go up.”
Bitcoin is trading at $97,363 at time of writing.
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