About this episode
Anthony and John Pompliano break down what’s really happening in the bitcoin market — why price has stalled, how volatility is evolving, and what most investors are missing about the next phase of this cycle. We dig into the Federal Reserve’s rate-cut debate, the broader economic backdrop, and how liquidity conditions are shaping risk assets — with a brief touch on BUD/S training and why discipline matters in markets and life. ======================= BitcoinIRA : Buy, sell, and swap 80+ cryptocurrencies in your retirement account. Take 3 minutes to open your account & get connected to a team of IRA specialists that will guide you through every step of the process. Go to https://bitcoinira.com/pomp/ to earn up to $1,000 in rewards. ======================= Simple Mining makes Bitcoin mining simple and accessible for everyone. We offer a premium white glove hosting service, helping you maximize the profitability of Bitcoin mining. For more information on Simple Mining or to get started mining Bitcoin, visit https://www.simplemining.io/ ======================= This podcast is sponsored by Abra.com. Abra is the secure way to access crypto and crypto based yield and loan products through a separately managed account structure. Learn more at http://www.abra.com . ======================= 0:00 - Intro 0:25 - Larry Fink: bitcoin as an “asset of fear” & why price has stalled 7:10 - Why drawdowns matter less over time 11:00 - Jobs data, wages, & the macro split narrative 15:55 - Consumer sentiment vs social media sentiment 18:02 - Santa rally & market psychology 19:32 - Can anyone catch up to Strategy? 25:22 - Has the bitcoin narrative changed? & 2026 outlook 39:07 - BUD/S training comparison & volatility