ANTHONY POMPLIANO (Founder & CEO of Professional Capital Management): BITCOIN IS LESS VOLATILE
🔸 Pomp said that the volatility of Bitcoin has now decreased by half compared to a few years ago. 🔸 In the past, each Bitcoin cycle could drop by 80%, but now it might only decrease by about 40%. 🔸 The recent drop was around 36–37%, so it may be near the bottom. 🔸 When volatility decreases, Bitcoin will experience fewer "sharp increases" but also fewer "heavy drops" than before. 🔸 The Fear & Greed index has dropped to an extremely low level, indicating that the fear sentiment is at its bottom and the market may consolidate before gradually recovering.
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ANTHONY POMPLIANO (Founder & CEO of Professional Capital Management): BITCOIN IS LESS VOLATILE
🔸 Pomp said that the volatility of Bitcoin has now decreased by half compared to a few years ago.
🔸 In the past, each Bitcoin cycle could drop by 80%, but now it might only decrease by about 40%.
🔸 The recent drop was around 36–37%, so it may be near the bottom.
🔸 When volatility decreases, Bitcoin will experience fewer "sharp increases" but also fewer "heavy drops" than before.
🔸 The Fear & Greed index has dropped to an extremely low level, indicating that the fear sentiment is at its bottom and the market may consolidate before gradually recovering.
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