Anthony Scaramucci, the founder of Skybridge Capital, says it’s still a good time to buy bitcoin, even though its price has gone over $50,000. He understands that some people might worry they’ve missed the chance, but he strongly disagrees with that idea.
Skybridge Capital founder Anthony Scaramucci says it’s not too late for investors to buy bitcoin, even though its price passed $50,000 on Monday. On social media, he emphasized that the answer to whether investors missed the opportunity is a firm “no.”
Skybridge Founder’s Bullish Outlook on Bitcoin
Skybridge founder Anthony Scaramucci outlined three key factors he believes will boost bitcoin’s price: falling interest rates, increased demand for spot bitcoin ETFs, and the upcoming Bitcoin halving.
Scaramucci emphasized the potential for a significant rally, citing these factors as drivers for future price increases.
Price Predictions and Long-Term Outlook
In January, Scaramucci forecasted that bitcoin could surpass $170,000 by next year if it maintains its current levels leading up to the halving in April. He reaffirmed his bullish stance, highlighting the potential for substantial capital inflows from Wall Street into spot bitcoin ETFs.
Scaramucci advocates for a “buy and hold” strategy with bitcoin, encouraging investors to hold onto the cryptocurrency for the long term. He predicts continued growth in bitcoin adoption and wallet expansion, driving prices higher through 2024.
Important:Ā Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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