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Anthony Pompliano says bitcoin downside limited; has it formed a bottom?

Bitcoin may be nearing the bottom of the current bear market, U.S. investor Anthony Pompliano (앤서니 폼플리아노) said, citing a more limited decline than in past downturns. He said bitcoin has fallen about 50 percent from its record high of $126,198, compared with drops of more than 80 percent in prior bear markets. Analysts also pointed to on-chain indicators and long-term holder selling pressure as factors to watch.