Pompliano Predicts 1,288% Bitcoin Bull Run…

Anthony Pompliano knows his stuff…he’s been bullish on Bitcoin and one of its most fervent supporters and has recently predicted a 1288% bull run…

Anthony Pompliano Predicts 1,288% Bitcoin (BTC) Bull Run, Says Global Macro Fallout Will Likely Push Leading Crypto Higher

“So end of 2021, I think Bitcoin will hit $100,000 in US dollar value. And really, the reason for that is a combination of the macro-environment with the halving structure…

You then have massive quantitative easing. [In] the United States, we’ve announced two trillion dollars in stimulus. Japan just approved an almost one trillion dollar stimulus plan.

They’re devaluing their currencies and when that occurs, people are going to seek out inflation hedge assets like gold, Bitcoin, real estate, et cetera. And so, right when everyone is running to gold, Bitcoin, real estate and others, Bitcoin’s going to have this supply shock. Fifty percent of the incoming daily supply will disappear…

I think you’ll continue to see kind of the same level of demand, or more likely you’re going to see an increase in demand over time. If you get that increase in demand but you get a decrease in incoming supply, supply-demand economics take over and you get an increase in price.”

https://dailyhodl.com/2020/04/20/anthony-pompliano-predicts-1288-bitcoin-btc-bull-run-says-global-macro-fallout-will-likely-push-leading-crypto-higher/

Master Asked on April 20, 2020 in Bitcoin.
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