Bitcoin and its volatility dynamics are in focus after Anthony Pompliano told CNBC that a lack of a year‑end price surge might lessen the risk of a sizeable drawdown in the first quarter of next year. He emphasized that, with volatility currently compressed, a speculative 70%–80% decline would be “very surprising.” The commentary suggests that near‑term disappointment could mask stronger longer‑term fundamentals.
He argues that the market’s focus on price declines since the start of the year has overshadowed a resilient long‑term trajectory. Bitcoin has delivered roughly 100% gains over the last two years and nearly 300% over three, illustrating sustained compounding power that supports a long-term narrative for investors. While volatility has cooled, Pompliano cautions against extrapolating from episodic declines to the asset’s broader risk profile.