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Pompliano urges investors to ignore recurring Bitcoin 'death' claims, calling them consistently wrong.

Market News
04 Jun 2026
Benzinga
View Source
Neutral
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Anthony Pompliano, CEO of Professional Capital Management, warned investors to disregard frequent claims that Bitcoin is "dead," noting these predictions have been proven wrong repeatedly. Despite bearish voices like Peter Schiff and Steve Keen predicting Bitcoin's collapse, Pompliano remains optimistic, citing on-chain data showing seller exhaustion. However, some analysts like Bloomberg's Mike McGlone caution that Bitcoin may still face significant downside risks, with potential support levels at $50,000 and possibly as low as $10,000 in the long term. Bitcoin's price recently fell 2.59% to around $64,514, trading nearly 50% below its October highs amid volatile market conditions.

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