Bitcoin’s Price Will Go Below $3,000, Anthony Pompliano Tells Mainstream Media

[gentlemand]

I'm surprised that pomp made such a bearish prediction as he is usually bullish on everything.

Hey, he may as well put himself on the right side of the momentum for once. That gives him some extra prediction ammo when he feels like hanging it all out in future again.

There've been so many predictions now that it's all a blur. I'm curious about whether people like this are badgered relentlessly by the press until they say something, or they badger them to get them out there.

I don't really get what's in it for anyone - reader, publisher or predictor.

[Capt.Morris]

Pomp is very narrow on bitcoins and i huess his statement has made some of his investors dislike bitcoin in their portfolio.

[Dodoymabs]

He is just still making a speculation which it all just a professional kind of data analysis. BTC price couldn't be determined by such person because everything is part of the activitiy. We can see a staggered movement about it which it leads to traders to be challenge on it.

[arpon11]

Well, no one knows which direction Bitcoin price will go but Bitcoin price need a correction and this time it should be an uptrend one. Furthermore, I do not care if it go below $3,000 or above $4,000

Point is I am holding unless I need to spend them.

I think bitcoin is going to move up at the moment and few people are ready to sell below $3000 base on the two weeks ago trend.  The market is in the downward trend but if you see the market reaction when it falls to $3200 you can easily relate it to what happened in December last year as bitcoin hit $20,000 . That same day bitcoin lose over $2000 and that is around 20% of it current value and the same thing happened when it went down to $3200 there was a sharp recovery of around 20%. I think the bottom is here and we would do ourself good by investing now.

[Shohanur]

Anything can be happened in any time. The price of Bitcoin is changing by daily activities. We can't be sure by this speech. He can only predict the price. But he can not ensure us the exact price of Bitcoin. I think Bitcoin will pump again in next January.

[TravelMug]

Anything can be happened in any time. The price of Bitcoin is changing by daily activities. We can't be sure by this speech. He can only predict the price. But he can not ensure us the exact price of Bitcoin. I think Bitcoin will pump again in next January.

Definitely anything can happened because this is a free market. The price is very volatile, just look at what happened in the last week or so, people are predicting the end of the bear market but just like that we all see negatives again.

So its possible to see the price goes below $3K, but the good thing is that those who are selling will be exhausted at that time and perhaps if we bottom till next year, there's no other way but to see bitcoin price recovering and we might see a reversal. (what goes down must come up at certain point.)

[mersal]

Well,how long you are going to believe on these predcitions by the people who calling themselves as crypto experts.The prices looks strong resistance at $3000 that is why the prices didn't go beyond that level.

[Slow death]

Bitcoin (BTC) still has “lower to go” despite its bull run to above $4,000 last week, Morgan Creek Digital Assets founder Anthony Pompliano told CNBC on Dec. 26.

Speaking in an interview, Pompliano, who is also a frequent markets commentator on social media, became the latest figure to claim Bitcoin markets will only bottom out when the price drifts below $,3000.

“Short term, I actually think we have lower to go,” he told the network.

In November, Pompliano had predicted a plunge to $3,000 for BTC/USD, which subsequently occurred earlier this month.

CT | https://cointelegraph.com/news/bitcoins-price-will-go-below-3-000-anthony-pompliano-tells-mainstream-media

so because in the past he was able to correctly predict the price, now the news channels are taking into consideration his new forecast, I think that one should go with a lot of caution, it is not because in the past he was able to correctly predict the price that he will always be right, because it may be possible that the first time he was lucky. at this point, many people already imagine the possibility of seeing the price fall to  $3000, so he is one more of these people to think so

[Bonsaiav]

Bitcoin (BTC) still has “lower to go” despite its bull run to above $4,000 last week, Morgan Creek Digital Assets founder Anthony Pompliano told CNBC on Dec. 26.

Speaking in an interview, Pompliano, who is also a frequent markets commentator on social media, became the latest figure to claim Bitcoin markets will only bottom out when the price drifts below $,3000.

“Short term, I actually think we have lower to go,” he told the network.

In November, Pompliano had predicted a plunge to $3,000 for BTC/USD, which subsequently occurred earlier this month.

CT | https://cointelegraph.com/news/bitcoins-price-will-go-below-3-000-anthony-pompliano-tells-mainstream-media

We better not try to fool ourselves by believing in his babbling, for me it's only a FUD that wants to poison the minds of the users in particular so that they are willing to throw away the bitcoin they have. In the face of the decline that has occurred so far, we should try to think longer, ignore negative news especially news that leads to lower prices, so make a purchase even if you are only able to buy a little it's okay, because that way then the price of bitcoin doesn't fall deeper.

[Adriano2010]

I don't think bitcoin will go much lower than 3000$, maybe only if will be a lot of sells or just a coordinated group who hold a lot of bitcoin and will start sell just so they buy after more cheap coins and after they will wait for a grow, but i don't think will happen.

[BitcoinGirl.Club]

Well, no one knows which direction Bitcoin price will go but Bitcoin price need a correction and this time it should be an uptrend one. Furthermore, I do not care if it go below $3,000 or above $4,000

Point is I am holding unless I need to spend them.

I think bitcoin is going to move up at the moment and few people are ready to sell below $3000 base on the two weeks ago trend.  The market is in the downward trend but if you see the market reaction when it falls to $3200 you can easily relate it to what happened in December last year as bitcoin hit $20,000 . That same day bitcoin lose over $2000 and that is around 20% of it current value and the same thing happened when it went down to $3200 there was a sharp recovery of around 20%. I think the bottom is here and we would do ourself good by investing now.

As I am writing the price is $3,887. The ceiling direction is uptrend.I don't know much about technical analysis and never seen the price to follow any analysis. When something goes down from $20k to $3.2k then expecting uptrend is logical especially when the starting was less than a dollar.