Popular crypto analyst Michaël van de Poppe and SkyBridge Capital founder Anthony Scaramucci have made bold predictions about Bitcoin’s price trajectory. While Van de Poppe believes BTC could reach a staggering $500,000, Scaramucci sees Bitcoin soaring to $200,000 by 2025. Let’s explore their insights and what lies ahead for Bitcoin.
Van de Poppe: Bitcoin to Hit $500,000
Michaël van de Poppe shared his bullish Bitcoin outlook with his 753,500 followers on X. The analyst suggests that BTC’s gains in this cycle could surpass its current highs, projecting a target of $500,000. According to Van de Poppe, the rainbow chart indicates the following trends:
- The previous cycle did not reach its full potential (it didn’t hit the extreme phase).
- If this cycle extends longer, Bitcoin’s price will naturally rise over time.
At the time of writing, Bitcoin is trading at $105,865, having recently touched an all-time high (ATH) of $107,822. Van de Poppe also noted that the altcoin market is preparing for its next wave, suggesting substantial returns for investors who hold their positions. He emphasized that many altcoins remain in their accumulation phase against Bitcoin pairs, signaling significant upside potential.
“Most altcoins are still in their accumulation zones. If you’re positioned now, it’s a great sign,” Van de Poppe stated, advising caution as the next move may come with volatility.
Anthony Scaramucci: Bitcoin Could Hit $200,000 by 2025
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In a recent interview with The Wall Street Journal, Anthony Scaramucci, founder of SkyBridge Capital, predicted that Bitcoin could surge to $200,000 by 2025. Scaramucci attributes this bullish outlook to the growing wave of crypto-friendly policies in the United States.
Despite Bitcoin’s massive market cap, Scaramucci believes its price could still double. He humorously noted that some of his colleagues view him as overly conservative in his estimates. Addressing investors who feel they missed the boat, Scaramucci insists, “it’s still very early.”
Scaramucci also criticized the SEC for delaying the approval of spot Bitcoin ETFs. He argued that SEC Chair Gary Gensler’s restrictive approach held back Bitcoin’s price growth. Speaking at the Evident AI Symposium in New York, Scaramucci stated:
“The SEC’s anti-crypto stance delayed progress and stifled innovation, keeping Bitcoin’s price lower than it should be.”
He further noted that changes in SEC leadership could lead to more supportive policies, with former SEC Commissioner Paul Atkins being considered a potential replacement for Gensler.
Conclusion
Both Michaël van de Poppe and Anthony Scaramucci share highly optimistic forecasts for Bitcoin, with predictions ranging from $200,000 to $500,000. As crypto-friendly policies gain traction and the market matures, Bitcoin’s upward potential seems stronger than ever. Stay tuned to The Bit Journal for the latest updates on BTC and the broader cryptocurrency market.
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Disclaimer
The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.
You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.
Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.
