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Anthony Pompliano: Bitcoin Price Close to Historical Breakout to $138,000 Soon
Bitcoin (BTC) price has continued to be a hotly debated subject by Wall Street firms and global investors in the recent past following the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States earlier this year. The demand for the flagship coin has heavily outstripped the Bitcoin miners’ daily supply, and the situation will escalate after the upcoming halving in mid-April.
As a result, most analysts believe Bitcoin price is in the early stages of a super cycle fueled by institutional investors and global macroeconomics.
Pompliano on Bitcoin Price Action
According to a popular crypto market analyst Anthony Pompliano in a recent interview, Bitcoin price is on the cusp of a historical rally fueled by the upcoming halving and the recent approval of spot Bitcoin ETFs. Pompliano highlighted in a recent CNBC interview that Bitcoin price has in the past bull cycles qui
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