Anthony still thinks in the bull narrative for Bitcoin, claiming it can hit $250k by 2025 due to rising institutional acceptance.
According to the researcher, Bitcoin is heading for permanent adoption with $100,000 hinging mainly on delayed ETFs.
The founder of SkyBridge Capital linked the importance of trading personal Bitcoin positions, currently, seeing the fluctuation as an advantage.
SkyBridge Capital’s founder, Anthony Scaramucci, continues to be a Bitcoin supporter and believes that BTC price will cross $250,000 by 2025. His remarks come at a time when the market of digital assets is gradually picking up after a very challenging period. Scaramacci speaking to Yahoo Finance said he is very bullish though earlier there were some hiccups when Bitcoin was at $16000 in December 2022.
Bitcoin set a record in December 2024 when it had its first $100,000+ value. Scaramucci said this was, in fact, an achievement, although it was still early for individual and small investors, that proves that Bitcoin is capable of institutional investments. It is significant for Bitcoin because $100,000 means its further increase and in general allows us to discuss its broader usage more often.
He pointed out that regulatory headwinds for bitcoin, especially the spot-based Bitcoin ETFs have hindered its upward growth trend. He thinks that such advancements could have taken Bitcoin to these milestones earlier.
Scaramucci admitted that he had about 10% of his net assets in Bitcoin. He has credited the lack of influence to say that he does not even track the Bitcoin price daily, as tracking the daily movement causes stress.
In addition, the financier views Bitcoin’s path to $100,000 as a foothold that will open the door for much bigger institutional participation. He quickly pointed to the fact that: ‘This growth is the testimony to the emerging changes in the sphere of digital assets’ before emphasizing his interest in this sphere.
Scaramucci’s outlook represents other stakeholders in the industry as well, especially other fund managers. Similar analyses have been shared by Tom Lee of Fundstrat who has predicted further that Bitcoin could go as high as $250,000 in a perfect world. Also, the author of *Rich Dad Poor Dad*Robert Kiyosaki has a more ambitious goal of $350,000 by 2025.
Every accomplishment that Bitcoin makes as it becomes more popular lays down the foundation for future development. Scaramucci continues to aggressively insist that digital assets are entering a fresh era, founded firmly on the institutional pull to solidify the Bitcoin market.
