Bitcoin will rise with more buyers entering market, Anthony Pompliano notes

Bitcoin will rise with more buyers entering market, Anthony Pompliano notes
Bitcoin price rises with more buyers

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.

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