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Benzinga
Benzinga
Business
Murtuza J Merchant

Bitcoin Will 'Come Back Alive Again' In September, Says Anthony Pompliano: '$113,000 Is Pretty Oversold'

Bitcoin,Halving.,Block,Reward,Gets,Cut,In,Half,Every,Four

Bitcoin's (CRYPTO: BTC) recent pullback signals the digital asset is maturing into a more stable market, according to Anthony Pompliano, founder and CEO of Professional Capital Management.

What Happened: "What I think we're watching is a market that's maturing, institutions are coming in, it's getting bigger. And so what you're starting to see is kind of muted volatility," Pompliano told CNBC on Thursday.

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