Pompliano Explains Bitcoin’s Decline and What’s Next
Famous investor and Professional Capital Management CEO Anthony Pompliano weighed in on Bitcoin’s recent pullback, framing it as “a sign of the market maturing rather than a structural failure.”
He characterized the move as evidence of a growing, more capitalized market that reduces extreme volatility.
Pompliano noted that historically Bitcoin has experienced roughly 30% corrections during past bull runs, whereas the current decline has remained in the 10–15% range. He attributes this relatively smaller pullback to the increasing presence of institutional investors, ETFs and public companies, and to an overall reduction in volatility as the market becomes larger and more capitalized.
According to Pompliano, Bitcoin has evolved into a consensus investment, a shift that naturally dampens wild price swings. That evolution makes both an extremely rapid surge to $400,000–$500,000 and a catastrophic fall of 85–90% less likely in the near term.
Pompliano still expects very large long-term upside for BTC and reiterated a $1,000,000 target over the long run, though he does not see that outcome occurring within this cycle.
On timing, he described current levels as oversold and anticipates a rebound around September–October. He pointed to several likely drivers for such a recovery:
- Prospective Fed rate cut
- Renewed corporate buying
- Increased market activity after the summer holidays
Pompliano also observed that some holders have converted spot BTC into ETFs or ETPs for security and custody reasons. He does not expect that shift to fully supplant direct ownership across the wider community, but he acknowledges it as a meaningful allocation change for certain investors.
The broader conclusion: Bitcoin remains central to the blockchain and crypto ecosystem even as capital disperses across DeFi and other blockchain projects.
As usual…this is not investment advice.
