Pompliano Predicts BTC Surge Post-Summer Slump
CryptoNewsTerminal Staff10 Jul, 2024
Pompliano Predicts BTC Surge Post-Summer Slump
Pompliano, founder of Pomp Investments, predicts a surge in Bitcoin (BTC) following the summer break. Amidst reduced market activity during the summer months, Pompliano expects an uptick in trading activity and potential bull run starting early September. He emphasizes the need for time and development within the Bitcoin ecosystem, drawing parallels to past cycles where summers have historically been quieter. As the summer break concludes and market participants become more active, the anticipation is building for a potential price appreciation in the Bitcoin market.