Anthony "Pomp" Pompliano founder and partner of Morgan Creek Digital Assets and one of the most influential names in the crypto money community said that the price of Bitcoin could fall by as much as 3,000
A post from Pomp acknowledged that he needed four more years to analyze the $ 50,000 Bitcoin price he had made in the previous days. In a news we published in July Morgan Capital Management founder ] Mark Yusco mentioned Bitcoin price estimate of 25,000 at the end of the year and $ 500,000 at the end of 2024. Pompliano also stated that the BTC price would reach $ 50,000 by the end of the year. Pomp stated that it is reviewing more data in its new submission and that it has changed the optimistic price estimate. "The parabolic price increase in price seems to take longer - each parabolic output is measured with the highest level caught last, through the highest level caught newly. In this sense, the first price mover lasted over 300 days (2010-2011) and the latter lasted over 900 days (2011 - 2013). The latest parabolic price increase peaked at $ 20,000 (2013-2017) According to Pompliano, it is necessary to wait until the middle of the year 2023 for the price of Bitcoin to sign another record . Pomp also emphasizes that the current bear market will last up to 650 days, according to his handbook. The Post Celebrity Risk Capital Bitcoin Price Drops Down to $ 3,000 and Wins Record Break in 2023 appeared first on Koin Bulletin. Steemit: @engindagli
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