Surge in Bitcoin Accumulation Amidst Market Volatility: Pompliano's Insight

IconCryptoNewsTerminal Staff02 Jul, 2024

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Surge in Bitcoin Accumulation Amidst Market Volatility: Pompliano's Insight

According to Anthony Pompliano, founder of Pomp Investments, the majority of Bitcoin (BTC) holders exhibit resilience during market downturns. Contrary to the misconception that investors sell their BTC during such periods, Pompliano highlights that most holders engage in aggressive buying. This buying behavior suggests a long-term bullish sentiment among BTC holders, who view these price fluctuations as opportunities to accumulate more of the cryptocurrency at a lower cost.