According to SkyBridge Capital founder Anthony Scaramucci, Bitcoin is still “very early.”
“If you’re watching #Bitcoin make new highs and thinking you missed the boat – you didn’t,” he stated.
Scaramucci has urged prospective Bitcoin investors to study the white paper and pay attention to well-known Bitcoin supporters like ShapeShift founder Erik Voorhees and MicroStrategy co-founder Michael Saylor.
According to U.Today, Scaramucci was right when he said that when the Federal Reserve lowered interest rates, the price of Bitcoin would soar.
For the first time in months, Bitcoin broke beyond the $73,000 mark on Tuesday, as bulls focused on setting a new record high.
Is it possible for the biggest cryptocurrency to see a long-term surge? The head of SkyBridge Capital said last year that Bitcoin may hit $750,000 by the year’s end.
By 2026, Scaramucci thinks Bitcoin might develop into a legitimate store of value.
Scaramucci’s aggressive price objective is nothing compared to the bold forecast just made by Saylor of MicroStrategy. According to the latter, by 2045, the price of Bitcoin may soar to $13 million.
Regarding this year, Tom Lee of Fundstrat has stated again and time again that Bitcoin may hit $150,000 in 2024.
Following a 2% decline over the previous day, Bitcoin is now trading at $71,966.
Notably, even though Bitcoin is only a hair’s breadth away from reaching its record high, Google searches for the cryptocurrency are still incredibly low when compared to past bull runs.
