SkyBridge Capital Founder: After the halving in April, Bitcoin price may reach $170,000

2024-01-29 19:31:11
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ChainCatcher news, Skybridge Capital founder Anthony Scaramucci has made a bullish prediction about the potential trend of Bitcoin. Based on historical data, he believes that Bitcoin's "conservative" increase in the coming months will exceed 300%, potentially reaching a peak of $170,000 after the halving in April.

Anthony Scaramucci also predicts that in the long term, the price of Bitcoin could reach $400,000, with the possibility of its market value growing tenfold, approaching half of gold's market value.

According to his experience and analysis, the peak price of Bitcoin is expected to occur about 18 months after the halving event. He predicts that Bitcoin's "cycle top" could be equivalent to four times the price at the time of the halving.

Scaramucci conservatively estimates the price of Bitcoin at the time of the halving to be $35,000 and outlines potential scenarios: if Bitcoin reaches $50,000 in April, it could then rise to $200,000; if it reaches $60,000 in April, it could soar to $240,000.

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