“Bitcoin will be the preferred asset to protect wealth from AI over the next decade,” Anthony Pompliano, Bitcoin advocate and venture capitalist, told CNBC. He dismisses the idea that AI has replaced Bitcoin and the cryptocurrency industry.#Bitcoin🚀

On June 23, Bitcoin reached a 7-week low of $59,086. The negative sentiment mainly comes from M Gox preparing to sell $8.5 billion of Bitcoin to creditors and Bitcoin exchange funds withdrawing more than $1 billion in the last 10 trading days.

However, Pompliano is unconcerned about the current price drop of 15%, pointing out that it is common to see multiple price drops of 30% or more during a bull market. He predicts another price hike in the final quarter or early 2025.

What do you think about this prediction? Please leave your opinion below in the comments section!#cryptocurrency#AI