- Peter Schiff states it was hypocritical to accuse Pomp for shilling BTC on CNBC.
- Some netizens liked Pompliano’s appearance on CNBC while others did not.
- BTC is currently traversing uncharted territory; bulls could raise BTC to familiar surroundings.
Chief economist and global strategist Peter Schiff tweeted that it was hypocritical of Scott Wapner, host of CNBC, to blame Anthony Pompliano, an entrepreneur and investor, for shilling Bitcoin (BTC) on CNBC.
According to Schiff, CNBC gave free airtime for Pompliano to shill about BTC on the show. Schiff, in his tweet, states:
Interestingly, one crypto-Twitter user who seems to agree with Schiff’s opinion regarding CNBC stated that he stopped watching CNBC as they asked questions about cryptocurrencies even when the guest was on the show to discuss something different.
Correct, no one could go one CNBC without being asked their view on #Bitcoin. – Peter Schiff
Alternatively, Wapner’s Tweet about the interview evoked an entirely different set of comments from the crypto community. Many of the crypto netizens expressed their delight towards the interview.
One Twitter user replied to Wapner’s tweet:
“Your interview with Pomp was one of the great interviews with a crypto guy I have seen. You slammed him, albeit very fairly, with probing questions most interviewers don’t ask. Well done my man! And that’s why I very much enjoy watching you on CNBC.”
Meanwhile, BTC is traversing uncharted territory after the crash of the FTX exchange. However, since this is no familiar territory for BTC, it could be looking at hitting Resistance Level 1, as indicated in the chart.
However, if the bulls keep pushing hard, BTC will have the potential to break through Resistance Level 2, which might be a bit harder to break when compared to Level 1. The range between Resistance Levels 1 and 2 has been a familiar surrounding for BTC in the recent past.
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