Anthony Pompliano, CEO of Professional Capital Management, suggested on Thursday that buying Bitcoin (CRYPTO: BTC) when it's out of f
Anthony Pompliano, CEO of Professional Capital Management, suggested on Thursday that buying Bitcoin (CRYPTO: BTC) when it's out of favor could be a good contrarian play.
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In a CNBC Squawk Box interview, Pompliano likened Bitcoin to “a dog with fleas,” acknowledging its recent underperformance.
The Bitcoin bull noted that AI-linked names are “flying,” and investors are chasing that momentum.
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“We see few bullish indicators that suggest we may be approaching the bottom,” Jefferies analyst Andrew Moss says.
