Pomp Investments founder Anthony Pompliano made an optimistic prediction for Bitcoin in an interview with CNBC, suggesting that the price of Bitcoin may soon rise to $138,000. He noted that based on historical data, Bitcoin prices have a three-quarter chance of doubling in 18 days or less after breaking out of a previous high.
The CNBC host expressed surprise at Pompliano's confidence and warned that such predictions could lead people to consider taking out mortgages to buy Bitcoin. Pompliano clarified that he was not recommending such extreme measures, emphasizing that the industry generally recommends a more conservative investment strategy of investing 1% - 5% of one's portfolio in Bitcoin. (Bitcoin.com)