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Anthony Pompliano: Historical experience suggests that the Bitcoin trend is about to reverse.
Gate News bot news, Bitcoin entrepreneur Anthony Pompliano stated that despite the current rise in oil and gold prices, Bitcoin is falling, but historical experience indicates that this trend may soon reverse.
He added that the initial reaction “was exactly the same as when Iran launched hundreds of rockets at Israel last October,” when Bitcoin fell by 3%.
Pompliano stated: “In the first 48 hours of the situation occurring, Bitcoin’s performance ultimately surpassed the other two assets. It will be interesting to see what happens here.”
Other Bitcoin users have stated that now is the time to buy. Samson Mow from Jan3 mentioned in a post directed at GameStop CEO Ryan Cohen that Bitcoin is currently in a buying range.
Source: Cointelegraph