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Anthony Pompliano, co-founder and partner at Morgan Creek Digital Assets, commented that Bitcoin's price will rise when there are more buyers than sellers.
He also expressed his view that American open-source AI models represent the future. Pompliano discussed both topics during a recent appearance with Varney & Co.
Pompliano previously pointed to four bitcoin on-chain metrics suggesting sellers may be running out of steam, according to a recent on-chain data report. He has also discussed potential gains for the S&P 500 of 10% to 22% if pessimism over artificial intelligence turns out to be misplaced, as noted in a separate analysis. His recent comments come amid ongoing attention to both bitcoin and AI in the broader market.