The 32-year-old has insisted he will be one of the three over-23 picks allowed in the 18-man squad for the London-based tournament.
And the Welshman, who struggled for match action and consistency for Liverpool last season, feels the Olympics are a unique event and previous form will have little bearing in the competition.
“I am in the Olympic squad — but I was supposed to keep it quiet,” Bellamy is quoted as saying in The Sun.
“It’s a different challenge. I had a difficult season with Liverpool but the Olympics is a one-off.”
David Beckham, Ryan Giggs and Joe Cole are also vying for the two remaining veteran spots in Pearce’s squad, which is due to be announced later this week.
Team GB will play Brazil in a warm-up game before embarking on their Olympic campaign where they will face Senegal, the United Arab Emirates and Uruguay in the group stages.