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Anthony Scaramucci predicts $170K for Bitcoin price
Anthony Scaramucci, one of the founders of the US-based SkyBridge Capital company, spoke in Davos, Switzerland, where the World Economic Forum is being held.
"Multiply the halving price by 4"
Speaking at an open meeting organized by the news agency Reuters, Scaramucci made a price prediction of $170,000 for Bitcoin and said:
"If Bitcoin is around $45,000 during the halving period, which is actually at these price levels right now, I think it will go up to $170,000 in the mid-to-late 2025 timeframe. Wherever the price is on the day of the halving, multiply it by 4. It will reach that price within 18 months of the halving."
"The decline is due to GBTC..."
Attributing the decline after ETF approvals to outflows from Grayscale's Bitcoin fund, Scaramucci said, "We will see the real impact of ETFs on prices in 8-10 trading days."
Scaramucci said his company, SkyBridge Capital, will also begin offering a fund that holds cryptocurrencies and digital asset stocks together.
As it will be remembered, Bitcoin, which rose to 49 thousand dollars with the ETF approvals last week, then made a sharp downward movement below 42 thousand dollars.
Published: January 16, 2024 11:27