Anthony Pompliano expects the next Bitcoin (BTC) advance to return a fraction of what the last cycles delivered — and he put a figure on it: 3 to 4 times.

Pompliano laid out the projection in a conversation with Bill Barhydt, the founder and chief executive of crypto financial services firm Abra. He also stressed an additional point about the 3-4x scenario, though the published excerpt ends before elaborating — leaving the reasoning behind that figure outside the excerpt.

According to the report, Barhydt also weighed a rotation into bonds, a theme flagged in the report's headline. No further details from his remarks were included in the excerpt, so the full conversation is where the specifics behind both the 3-4x framing and the bond-rotation comment would appear.

Pompliano is a prominent Bitcoin investor and the founder of Professional Capital Management. Bitcoin's historical market cycles have produced outsized gains: the asset climbed from below $1,000 to nearly $20,000 during its 2017 cycle — a more-than-twentyfold move — and set an all-time high of about $69,000 in November 2021. Measured against that record, the 3-4x range he described is considerably smaller than the 2017 rally's gain, which is the comparison his "fraction" characterization draws on.

This content was first published on COINOTAG on October 10, 2026.