SkyBridge Capital founder Anthony Scaramucci, known for his support for Bitcoin and bold predictions, predicted that Bitcoin could reach $170,000 by 2026.
Speaking to Reuters, Scaramucci stated that the US will solve the debt crisis and claimed that Bitcoin could reach $170,000 by 2026 due to the impact of inflation and financial changes in the US.
At this point, the famous CEO said that the US would effectively solve its debt crisis by allowing inflation to rise slightly, even if it could negatively impact savers and low-to-middle income households.
“There are a lot of people who think the United States is about to enter a massive debt crisis. But unlike them, I believe we will get through this.”
I Support Harris!
Scaramucci, who has openly voiced his support for Kamala Harris in the presidential race, said, “I like the Harris plan better. My contemporaries on Wall Street do not like it and they are trading the market with high expectations that Donald Trump will win the election.”
Scaramucci stated that Bitcoin will rise no matter who wins the election, and argued that the rise will be due to its limited supply and increasing demand.
“I predict and even believe that Bitcoin will reach $170,000 by mid-2026.
Again, I’m talking about a three-fold increase in 18 to 24 months. Given the fixed limited supply and I think very high demand, I don’t think that number is impossible for Bitcoin.”
*This is not investment advice.