Bitcoin's new era: Why $60K could be the cycle's floor, says Pomp
Anthony Pompliano, widely known as Pomp, has shared his latest outlook on Bitcoin’s future. He argues that the cryptocurrency has entered a new phase, with a stronger price floor and shifting market dynamics. His analysis suggests that Bitcoin’s traditional cycles may no longer follow the same patterns as before. Pompliano now believes Bitcoin’s deepest pullback in this cycle was around $60,000. Institutional buyers, including MicroStrategy, stepped in at this level, adding steady demand. This buying activity helped shift investor sentiment from fear to confidence, reinforcing $60,000 as a key support level.
He also claims that Bitcoin’s fixed supply and transparent monetary policy set it apart from other assets. Unlike most altcoins and meme coins, which he expects to struggle, Bitcoin offers digital scarcity and decentralisation. These features, he argues, provide long-term certainty for investors.
Looking ahead, Pompliano remains optimistic about Bitcoin’s performance. He predicts it will outperform traditional equities over time. He also sees a broader trend in crypto, where Bitcoin, stablecoins, equity infrastructure, and tokenisation will dominate the next phase. Meanwhile, he suggests that the usual four-year market cycle may no longer apply due to reduced volatility. If Pompliano’s assessment holds, Bitcoin’s $60,000 level could mark the lowest point of this cycle. His confidence in its long-term value stems from its unique properties and growing institutional interest. The focus, he says, will stay on assets with real utility rather than speculative alternatives.