Why Is Bitcoin CRASHING?! | Jordi Visser

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**Jordi Visser** (1:00)
There are more AI agents on HTML sites than humans. This is where we're headed. So if you think the world of human beings is going to dominate commerce, it's not. It's AI agents. So if you ask me, what is a direct play on that? I believe Bitcoin is a direct play on agents dominating humans going forward.

**Anthony Pompliano** (1:18)
What's going on, guys? Today we've got a great conversation with Jordi Visser. In this conversation, we talk about what's going on with Bitcoin. Why is it selling off? Is Jordi worried? And is he going to sell his Bitcoin? On top of that, we talk about what's going on with Eli Lilly, why he is so convicted that it could be the best AI name for the AI trade. And then we get into a bunch of other second and third order effects of what's going on with the infrastructure built out, artificial intelligence, so much tokens being consumed. And then how does Bitcoin fit into all this? All that much more in this conversation with Jordi Visser. All right, Jordi, Bitcoin is down 50 percent from its all time high. People are freaking out. Michael Saylor sold 32 Bitcoin this week, and people think that maybe he doesn't believe anymore. What's your take as to why Bitcoin has fallen so much? And is it over or will Bitcoin recover?

**Jordi Visser** (2:00)
So I learned my lesson last year not to predict levels on the upside. I'm also not going to predict levels on the downside.
Last week in my weekend video, I highlighted the difference between a bull market and a bear market. And that's what charts are good for. We're still in a bear market until that changes and until we start seeing some moving averages start to either point higher. But more importantly, we failed at the 200-day moving average a few weeks ago. We started to go down again, all while the stock market was going up nine weeks in a row. So the good news is Bitcoin is not correlated to the stock market anymore. The bad news is it's down 50% off the highs.
I wrote a paper last week in Substack about taking a stoic approach to everything in life. But it's really important with markets. And I think for people that are either A, frustrated, or B, people that are really happy and pounding on X and the bearish thing, this bubble's gonna unwind, strategy's gonna go bust, this is the way it all ends. None of that's true, in my opinion. I also don't believe that Micron can continue to go up every single week. So on one side, we have this whole recognition of hardware. Everything should be bought. We had software go down. Now you've had some of the software names go up. Most of them, so people realize, are not true software names. They are AI software names, so cyber names and the Bitcoin miners and things like that. So I think Bitcoin's been lumped in.
I'm starting to write about this more. You're gonna see a lot more from me. I believe we're at a rotation point that's gonna last for at least the next three to six months. And that rotation is, we're kind of at a, I don't wanna say a market, stock market bubble. What I'll say is a rotation bubble. We've had one group winning and most groups have been losing.
Starting to see a rotation. And I think software is gonna have a bid, but I don't think when people recognize what I'm gonna say with software, it's gonna resonate with them. But the software is not gonna be the traditional SaaS software. So I think people are gonna have to think outside the box on human software and also the financial guard rails with tokenization and everything. That's where my attention is focused. So I think Bitcoin is fine. Let it break through the 60,000 level. Maybe it goes down even below that. I don't really care.