#BitcoinBouncesBack One of the well-known analysts in the crypto world, Anthony Pompliano, claims that the bull market for Bitcoin has begun.

Renowned financial analyst Anthony Pompliano, in his latest analysis, made important warnings to his followers by claiming that the Bitcoin bull market has already started.

Stating that Bitcoin has experienced a pullback of approximately 40% from its $126,000 peak, Pompliano predicts that this drop will create a “sling shot effect” for new highs.

Pompliano argues that Bitcoin has proven its credibility among institutional investors. Since 2020, during seven consecutive financial crises, Bitcoin has managed to become the most profitable asset by outperforming stocks, gold, and cash.

He claims that amid every kind of chaos—from pandemics to wars, from banking crises to high inflation—Bitcoin has become the “king of safe havens.”

Citing a new report published by Bitwise, Pompliano said that an investor who holds Bitcoin for at least three years has a chance of losing money of less than 1%.

The analyst says that it is not only cryptocurrencies that are going through a historic period, but also stock markets. He added that the “3-3-3” rule he called it—where the (market rises by 3% or more for three consecutive weeks—has occurred only three times in the past 76 years.

Referring to the impact of upcoming elections in the US on markets, Pompliano expects that the current government will do everything it can to keep the economy active and push asset prices higher ahead of the election.

NOT INVESTMENT ADVICE

)$BTC $ETH