Bitcoin’s climb shows no signs of stopping, and one of crypto’s loudest bulls says the rally could keep running as long as governments keep expanding the money supply.
Reports have disclosed that Bitcoin recently hit an all-time high of $126,100 and traded around $122,500 at press time, figures that form the backdrop for Pompliano’s comments.
JUST IN: Anthony Pompliano tells CNBC Bitcoin will never stop going up.
He said that as long as governments and central banks keep printing money, demand for a scarce asset like Bitcoin should remain strong.
Based on his on-camera remarks, he expects the trend to push adoption higher and to reshape how investors think about storing wealth.
Pompliano went further, describing the top digital asset as the “hurdle rate” of modern finance — a baseline investors must beat before choosing other assets.
Based on projections, BTC could climb about 20% to $148,500 by the end of the year. The same forecasts sees a jump in market infrastructure: the number of crypto exchange-traded funds could double to 80, and stablecoin circulation is predicted to reach $500 billion as more money moves onchain.
Those observations realistically bolster an argument that the market is maturing beyond the realm of a short-term speculation.
Market intelligence reveals that the total cryptocurrency market is sizeable at roughly $4.3 trillion, according to CoinGecko.
Featured image from Kitco, chart from TradingView
