Bitcoin’s Drawdowns Signal Maturity: Anthony Pompliano on CNBC

In a recent interview on CNBC’s Squawk Box, Anthony Pompliano, founder of Professional Capital Management, argued that Bitcoin’s recent pullback isn’t indicative of weakness but rather an indication of market maturity. He explained that the reduced drawdowns compared to traditional bull markets – usually around 30% – suggest a maturing market as institutional investments continue to flow into crypto. This shift towards institutional involvement has led to a more subdued volatility, making Bitcoin more attractive to large-scale investors.