#BTCOutlook
The founder of SkyBridge Capital, Anthony Scaramucci, expressed in an interview with the Wall Street Journal his belief that the current bull cycle is far from over. He predicts that by 2025, Bitcoin could reach a value of $200,000, thanks to increasingly favorable policies towards cryptocurrencies expected in the coming years. Scaramucci emphasized that a key driving force for growth will be the acceptance of Bitcoin by regulators and governments.
In addition, he anticipates a policy shift in China, which previously enforced strict regulation of Bitcoin. Scaramucci suggests that China may reintroduce Bitcoin mining and incorporate Bitcoin into its reserve assets. Such a development could catalyze a significant increase in Bitcoin's value.
Another significant factor is the evolving regulatory environment in the United States. The prospects for integrating cryptocurrency infrastructure into the financial system are supporting institutional interest, indicating that the market is poised for further growth.