Pompliano says Bitcoin’s dip is expected in a bullish market as he highlights AI’s role in BTC’s growth.pattern, but at press time, the entire crypto market was on an uptrend while BTC dropped by 2.16% and was trading at $61.3K.The decline is notable compared to 6th June, when BTC was at $71.9K. Many attributed the drop to the defunct Bitcoin exchange Mt.
Additionally, he also talked about the seasonal trend wherein he noted, that in summer time there are many investors who often say,Expanding on the topic, he further noted that this pattern is typical, with Q4 often being a big quarter, while “Q2 and Q3 tend to go kinda sideways”.Interestingly, Pompliano also highlighted Artificial Intelligence as a major driving force. He noted that the focus has shifted from Bitcoin and the general crypto ecosystem to AI.
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