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Anthony Pompiano Reiterates Bitcoin Has 'No Top' Because the Dollar Has 'No Bottom,' Bets BTC Will Go 'Way Higher'

Anthony Pompliano, CEO of ProCap Financial Inc., repeated his long-held view on Monday, September 21, that Bitcoin's future growth is tied to an increase in the money supply, calling Bitcoin a bet that will go way higher.

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What happened

Anthony Pompliano, CEO of ProCap Financial Inc., repeated his long-held view on Monday, September 21, that Bitcoin's future growth is tied to an increase in the money supply, calling Bitcoin a bet that will go way higher.

Confirmed

Global impact / market context

If investors believe the money supply will keep rising, some may treat Bitcoin as a store of value that protects purchasing power, which means the dollars in their accounts buy less over time as more money circulates.

Analyst inference

Pompliano's comments are an opinion, not new data. They may influence how some investors view Bitcoin versus cash and other assets, though no prices, trading activity, or market reaction were reported in the article.

Analyst inference

What to watch

  1. Pompliano is CEO of ProCap Financial Inc. and reiterated this view on Monday, September 21, tying Bitcoin's growth to an increase in the money supply. Confirmed
  2. Watch whether Pompliano provides specific price targets, timelines, or investment amounts beyond saying Bitcoin will go way higher, since those details would make the bet easier to assess. Proposed
  3. Watch future money supply data and central bank decisions, because rising money supply is the stated reason for his view, and slower growth could weaken that reasoning. Analyst inference

Affected assets

  • ZEC — Zcash
  • BTC — Bitcoin

Evidence