Bitcoin has dropped back to the $60,000 level this week but Anthony Pompliano remains bullish as ever on the world’s largest cryptocurrency by market cap.
Anthony Pompliano is the founder of Pomp Investments.
Pompliano is bullish on both BTC and AI
Pompliano continues to see Bitcoin as well as artificial intelligence as a “10-year trend” with “massive tailwinds”.
The potential strength in both those markets bodes well for Bitbot – an AI-enabled Telegram trading bot that you can use to maximise your profits out of a financial market.
Let’s take a closer look at what Bitbot is and how may Pompliano’s bullish view on Bitcoin and AI (if it proves out to be true) translate to strength in the native Bitbot token that powers the aforementioned platform.
Why is rapid growth in AI a positive for Bitbot?
As mentioned above, Bitbot is a Telegram trading bot that is powered by artificial intelligence. That’s why investing in its native token is a means of gaining exposure to the rapid growth in AI.
Pompliano’s bullish view on the artificial intelligence market is in line with Statista’s forecast of several-fold growth in the AI space by the end of this decade.
And since Bitbot is an AI-enabled project, continued upside in the artificial intelligence market may reflect as strength in its native namesake coin as well.
Bitbot raised over $4.3 million in its recently ended presale that indicates solid demand. To find out what’s next and how to invest in the Bitbot coin today, click here to visit its website now.
Why is continued strength in Bitcoin a positive for Bitbot?
Pompliano attributes the recent weakness in Bitcoin to profit taking following a massive year-to-date rally and sees seasonal factors in play as well.
Over the long term, however, he remains confident that BTC will continue to hit new highs on the back of institutional capital that is flowing into the crypto market on the back of Spot ETFs as well as the halving event this past April.
Significant strength in Bitcoin may be a tailwind for the Bitbot token as the former is a bellwether and tends to drag the likes of the latter with it when it rallies.
That’s perhaps why it may not be too late to invest in Bitbot yet even though it has already ended its presale. Click here to know more about investing in the Bitbot token.
Bitbot offers better security than other meme coins
Note that Bitbot is currently priced at pennies only which makes it one of the most pocket-friendly means of playing the continued expected growth in cryptocurrencies and the artificial intelligence market.
Choosing to invest in Bitbot may also be a relatively easier decision to make because it’s a non-custodial platform. What it means for you, the investor, is added security.
If you find that feature attractive enough to pick Bitbot token over other meme coins, chances are that many will too – and that continued demand will remain a tailwind for Bitbot and result in a significant price appreciation moving forward.
If you still have queries and would like to know more about Bitbot, you should visit the project website on this link.
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