Pompliano Predicts Bitcoin Resurrection-But Is He Right or Just Optimistic?

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If you ever find yourself in a room full of investors muttering about Bitcoin (BTC), try not to trip over all the optimism lying about. Morgan Creek Capital’s Anthony Pompliano, veteran wrangler of capital and the uncanny, reckons Bitcoin is more oversold than cheap umbrellas in a thunderstorm.

Pompliano sat down with CNBC, having traded his wizard’s hat for a suit, and pronounced that once traders remember where they left their crypto tabs (presumably under piles of forgotten avocado toast), the King of Coins may rise again. The prophecy is thus: “Right now at $110,000, it’s pretty oversold.” (Somewhere, a decimal gasped and fainted).

He went on to predict that the forces of September and October, historically good times for Bitcoin, would conspire to reanimate it. (October: home of falling leaves and, apparently, falling disbelief). The VIX, the volatility index beloved by people who read charts for fun, should begin to wiggle menacingly. And because it’s August, everyone’s on a beach somewhere, drowning in pineapple juice and ignoring everything, not least their portfolios. “Starting in September we should see Bitcoin kind of come back alive again…”-like a long-lost uncle after a generous inheritance. 🏖️🍹

Pompliano’s theory relies on two sturdy pillars: the return of the bored traders to their glowing screens, and a flurry of spicy speculation that the Federal Reserve may finally do something interesting and cut interest rates. (Insert dramatic thunderclap here.)

He notes, “There is kind of a simple thing of just like people in front of their screens in September, they’re not in front of their screens in August.” One imagines traders depicted like awkward meerkats, peeking above monitors. The usual suspects who wagered their fortunes in Bitcoin treasury companies might thunder back in late August, eager for Q3 to end and Q4 to begin, presumably so they can say ‘I told you so’ every five minutes.” 🧐💸

Bitcoin is now trading for $112,974, a number that’s only a fractional hop away from yesterday’s. In other words, the coin’s barely stretched after its long nap. This concludes the daily saga-stay tuned for dramatic market plot twists, mysterious catalysts, and the continuing adventures of people with too much screen time.

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2025-08-22 01:55