Anthony Pompliano, CEO of Professional Capital Management, urged investors on Wednesday to stop paying attention to the recurring declarations that Bitcoin (CRYPTO: BTC) is “dead.”
‘Careful Who You Listen To’
Pompliano expressed frustration on X about how some bears start “screeching” every four years that Bitcoin is going to zero.
“They are wrong every time. Careful who you listen to,” Pompliano advised investors.
Bitcoin’s ‘Obituaries’
As of this writing, a website called Bitcoindeaths.com has tracked 472 Bitcoin obituaries, including those by economists Nouriel Roubini and Peter Schiff, as well as business magnates Warren Buffett and Jamie Dimon.
In fact, Schiff tops the list, having declared Bitcoin “dead” as many as 22 times.
The latest obituary came on April 9, when Steve Keen—the Australian economist who accurately predicted the 2008 meltdown—predicted Bitcoin to go to zero.
Chart analysis indicates that obituary counts tend to spike during bear markets, with notably higher numbers in 2022 and during the current market cycle, showing acceleration since November 2025.
Pompliano Is Optimistic, But Market Isn’t…
Pompliano has been a long-standing Bitcoin bull and said earlier this week that the BTC sellers were getting exhausted, citing a set of on-chain metrics.
Not everyone shares this optimism. Veteran commodity strategist and Bloomberg analyst Mike McGlone said Bitcoin is still far from a true bottom, with the next major support zone at $50,000 before potentially falling toward $10,000 in the long term.
More than $600 million in BTC long positions were wiped out in the last 24 hours, while open interest has collapsed nearly 25% over the month, according to Coinglass.
Price Action: At the time of writing, BTC was exchanging hands at $64,514.16, down 2.59% over the last 24 hours, according to data from Benzinga Pro. The coin has traded 49% below its October highs.
Photo: Memory Stockphoto / Shutterstock
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