Will Bitcoin Hit $176K? Anthony Scaramucci Lays Out His High-Stakes Forecast
03 Novembro 2024 - 12:00AM
NEWSBTC
A top executive of a New York-based global investment firm made an
audacious claim that Bitcoin breaching the six-figure price will
happen very soon. SkyBridge Capital founder Anthony Scaramucci said
that in the next two years, BTC will be traded at $176,000, joining
other crypto investors who believed that the oldest cryptocurrency
is ripe for a six-figure price per coin. Related Reading: Bitcoin
Breaks $73,000, Yet Google Searches Stay Stagnant—Is Hype Fading?
Bitcoin To Rally Threefold Scaramucci hailed the alpha crypto asset
for sustaining a price surge in only a short period, adding that it
sees the digital asset to further surge in the next two years.
Scaramucci’s statement was timely as BTC today regained its
momentum and once again hit the $70,000 level after the crypto
scared many investors as the digital asset slid further down to
$68,000 yesterday. According to Scaramucci, he has an ambitious
prediction on Bitcoin, saying that by mid-2026, the cryptocurrency
will be traded at $176,000. In the previous days, several notable
crypto personalities shared the same vision with Scaramucci of the
likelihood that BTC will hit the six-figure mark. One of which even
predicted a price of $220,000. SkyBridge’s Scaramucci says US will
solve debt crisis, bitcoin to triple by 2026
https://t.co/aKYDI6vW2N pic.twitter.com/1BQCdomKHy — Reuters
(@Reuters) October 30, 2024 The SkyBridge founder explained that
the cryptocurrency could experience a threefold rise in its price
in 18 to 20 months, saying that the rally is highly plausible
because there is a growing demand for the coin, but the supply is
fixed which is the right ingredients for an exponential price
uptick. A Kamala Harris Supporter Scaramucci is among the few known
crypto investors who announced their support for the presidential
candidacy of current US Vice President Kamala Harris. Scaramucci
disclosed in previous interviews that Harris would be endorsing
Bitcoin once she got elected to the White House. The SkyBridge
managing partner has been working closely with the camp of the Vice
President to craft policies that will allow cryptocurrency to
thrive under her administration. He added that there had been
development in Harris’ crypto agenda which he plans to reveal soon.
Related Reading: Ethereum Claims Address Dominance With 43%
Lead—Will It Keep Rising? BTC-Gold Connection In a separate
interview, Scaramucci supported the relationship between gold and
Bitcoin, saying that BTC is comparable to gold as an asset. The
SkyBridge founder described the firstborn virtual coin as the
digital gold of the cryptocurrency world. He noted that other
leading financial experts, including BlackRock CEO Larry Fink, also
believe in the Bitcoin-gold comparison, predicting that BTC would
reach half of the gold’s market cap. He suggested that it would
take Bitcoin about 10 years to attain such a milestone which would
greatly benefit its investors since they would get a tenfold return
on their BTC investments. At the time of writing, gold is being
traded at $2,754 per ounce, a new all-time high, and boasts a
market cap of $18.494 trillion. Featured image from DALL-E, chart
from TradingView
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