Bitcoin Is Headed to $300K and Nobody's Ready

On Bitcoin

Guest Bill Barhide · not counted as Anthony Pompliano's view.

Views

• This cycle (next 6–18 months): Expects up: we're essentially going to continue these increases for at least another cycle, with less volatility . At least, that's how I see it ▶ 03:36

If this, then that

• If The pattern of rising prices and declining cycle volatility continues, then no target given (this cycle): if this continues, Bitcoin will reach several million, but, you know, at a slower pace ▶ 04:02

Levels named

• 250–300k: Target (Global liquidity charts imply this valuation range, which he considers reasonable.): They all say that Bitcoin should be worth around $250,000–$300,000 in that range. That seems reasonable to me, given where the markets are headed. ▶ 02:25
• 50k: Support (Lows around this price would indicate reduced volatility compared with previous cycles.): if the lows were around 50 thousand, then the volatility was significantly reduced compared to the last cycle relative to the previous one, right? ▶ 03:52

Their own position: Not said.

Dates named

• Midterm elections reducing market uncertainty, undated: And I think the next level of ambiguity will be the midterm elections, which will probably end badly for this administration, but at least we'll have less uncertainty, right?