Is It Time To Buy Bitcoin Now?

On Bitcoin

Guest Matthew Seagull · not counted as Anthony Pompliano's view.

No view on any horizon.

Levels named

• 55k: Support (Level of the 200 week moving average that many are watching.): Uh and then below that a lot of folks are looking at the 55k level which is the 200 week moving average. ▶ 07:19
• 27k: Target (Where price would be after another 80% decline, near the BlackRock ETF S1 filing level; he thinks this is unlikely.): God forbid we talk about if we had another 80% decline then you're back into 27K or so which is actually right at the level when Black Rockck filed their S1 for Bitcoin ETF. ▶ 07:27

Their own position: Holding. So we have currently 11% in the Bitcoin ETF and about 1% each in Ethereum and Salana.

Dates named

• December FOMC rate cut decision, undated: Obviously, a lot more skepticism has now been built into the markets and there seems to be a really a perhaps politically polarized view on the FOMC board about rate cuts in December.