Popular Hedge Fund Founder Says Bitcoin Will Skyrocket To $170,000 After The “Halving”

Anthony Scaramucci shared his big prediction for Bitcoin trade price for post Bitcoin halving.

Anthony Scaramucci is a 60-year-old American financier who briefly served as the White House Director of Communications from July 21 to July 31, 2017. In the past, he worked for Goldman Sachs’s investment banking, equities, and private wealth management divisions. After leaving Goldman Sachs he founded Hedge Fund SkyBridge Capital. Skybridge Capital also invests in Bitcoin (BTC). 

Recently Anthony Scaramucci appeared in a new interview with popular crypto influencer Scott Melker. In the interview, Anthony said that the current trade price of Bitcoin will be 400% after the Bitcoin halving event.

Skybridge Capital founder’s prediction is fully based upon the past Bitcoin halving pattern data. In short, his prediction for Bitcoin trade price is $170,000 after Bitcoin halving.

“You mentioned my $170,000 prediction… That’s a data-dependent prediction. Go back and look at Bitcoin halving cycles,” Anthony said.

Furthermore, he also predicted the different Bitcoin price levels for the next few months. 

He said $50,000 in April, then it will be at the $200,000 level, after that  $60,000 & then $240,000.

On the market cap of Bitcoin, Anthony said that it will be nearly 10 times the current market cap. He explained that in the long term, Bitcoin’s market cap will be half of the Gold market cap.

As the current market cap of Bitcoin is $13 Trillion, so in the long term Bitcoin’s market cap will be nearly $7 trillion to $8 trillion.

Earlier this we reported that Bitcoin halving is going to play a vital role in the trade price of Bitcoin for the long term. It is expected that the Bitcoin halving event will take place somewhere in between the last week of April 2024. It is expected that Bitcoin will crash nearly 20% before halving. 

See also  Bitcoin Dominance Is Still In Its Expansion Phase: Glassnode

Read also: Binance crypto exchange wind downs its operations in Florida and Alaska 

error: Content is protected !!