Anthony Scaramucci predicted Bitcoin to reach $170,000 by 2025
Quotes of the first cryptocurrency will exceed $170,000 next year. Anthony Scaramucci, founder of SkyBridge Capital, said this in Davos, writes Reuters.
“If Bitcoin is at $45,000 at the time of the halving, which is where it is now, then the asset will reach $170,000 by mid-to-late 2025. […] Wherever the price was on the halving day in April, multiply it by four - Bitcoin will reach this level in the next 18 months,” the specialist noted.
According to him, the recent fall in digital gold prices below $42,000 is due to the transfer of investor assets from GBTC to new exchange-traded funds approved by the SEC.
Scaramucci is confident that the market will need another eight to 10 trading days to reflect the impact of new instruments on the price of the first cryptocurrency.
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