Will Bitcoin Keep Crashing?! | Anthony Pompliano
6/8/2026 · 15 min · transcript via whisper
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Key topics
— Capital rotation thesis: Jordi Visser argues investors are rotating away from Bitcoin into other asymmetric opportunities like SpaceX IPO and AI, creating a rotation bubble rather than a traditional market bubble that may last 3–6 months.
— Bitcoin hitting 200-week moving average: Bitcoin reached the 200-week moving average for the first time since 2023—historically a strong buy signal. Previous four occurrences all preceded excellent returns over the next 12–24 months.
— Extreme oversold conditions: Bitcoin's monthly RSI is at the second-lowest level in 15+ years; short-term holders are experiencing the largest capitulation in Bitcoin's history—both typically preceding bottom signals.
— Underwater holders at historic highs: More Bitcoin is currently held underwater (at a loss) than in profit—a historically reliable indicator that the bear market bottom may be near.
— Institutional accumulation despite price decline: Middle East sovereign funds and family offices in the UAE are actively buying Bitcoin at discounted prices; infrastructure supporting Bitcoin is stronger now than during previous bull cycles.
— Dollar-cost averaging opportunity: Bitcoin is 50% cheaper than October 2024 highs but unchanged in function—still producing blocks, decentralized, and uncensored; drawdowns of this magnitude have historically provided attractive entry points for long-term holders.
Market & price signals
— Bitcoin has declined to $61,000 (down 50% from October 2024 highs). It has touched the 200-week moving average (approximately the four-year cycle level) for the first time since 2023. Monthly RSI is at historically oversold levels (second-lowest in 15+ years). Short-term holder capitulation is at an all-time high. The percentage of Bitcoin held underwater now exceeds the percentage held in profit—reversals of this metric have preceded major bottoms. Institutional buyers from Middle East sovereign funds are actively accumulating at current prices. Bitcoin remains above its ETF launch price from early 2024 despite the 50% drawdown.
Actionable insights
— Consider accumulating on weakness: Multiple on-chain and technical metrics (200-week moving average, RSI, capitulation levels, underwater holder percentages) historically coincide with market bottoms. Dollar-cost averaging during 50%+ drawdowns has proven profitable over multi-year horizons.
— Monitor infrastructure and institutional adoption: Despite price weakness, institutional infrastructure is stronger than during previous bull cycles. Sovereign wealth funds and family offices from the Middle East are actively buying—a structural positive signal independent of short-term price action.
— Wait for confirmation before aggressive entry: Jordi Visser and the host both emphasize waiting for positive price action (breaking moving averages on good news) rather than catching a falling knife, suggesting a phased accumulation approach rather than all-in deployment.
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