Altcoins News
By James Thorp
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Bitcoin ETFs on a Losing Streak. The five-day withdrawal streak marks the worst performance for spot Bitcoin ETFs since April 2025,…
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Pomp: Bitcoin is Oversold. “Right now at 112, 113,000, it is pretty oversold,” Pompliano said.
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Historical Trends Point to Strong Q4. Market data supports Pompliano’s view of a potential fourth-quarter rebound.
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Will Bitcoin Reach $1 Million?. While optimistic about a year-end rebound, Pompliano dismissed predictions that Bitcoin could…
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Macro Factors Could Fuel Demand. Beyond seasonal trends, macroeconomic developments may also influence Bitcoin’s next moves.
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Outlook for Investors. Bitcoin’s recent pullback reflects ongoing volatility in a post-halving environment.
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The market for United States spot Bitcoin exchange-traded funds (ETFs) has just recorded its longest streak of withdrawals in more than four months.
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Despite the outflows, crypto entrepreneur Anthony Pompliano believes Bitcoin may now be in oversold territory, suggesting an opportunity for a potential rebound as the market…
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This latest decline comes shortly after Bitcoin reached a new all-time high of $124,128 on August 14.
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Pompliano, speaking on CNBC, argued that this correction may not signal long-term weakness. Instead, he sees it as a temporary dip within a broader bullish cycle.
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“Right now at 112, 113,000, it is pretty oversold,” Pompliano said. He pointed to Bitcoin’s current price levels, combined with seasonal patterns and the post-halving cycle, as…
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September and October have historically marked a shift in trading behavior, as investors return from summer holidays and trading volumes pick up.
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“People are in front of their screens in September, they are not in front of their screens in August,” he said, suggesting that increased activity could translate into buying…
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Market data supports Pompliano’s view of a potential fourth-quarter rebound. Since 2013, Bitcoin’s third quarter has typically been its weakest, with average gains of just 6.02%.
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This seasonal shift, combined with Bitcoin’s oversold signals, may help attract buyers who expect history to repeat itself.
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