(BTC) and most major altcoins have been consolidating in the past few days as investors await a trigger to start the next directional move. Some believe that the rising inflation in the U.S. could prove to be bullish for Bitcoin.

In a note to clients, Anthony “Pomp” Pompliano said that the only way to protect oneself in the current environment is to invest either in “equities, real estate, crypto, etc.”