Bitcoin Could Reach $170,000, Says SkyBridge Capital CEO

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Bitcoin Could Reach $170,000, Says SkyBridge Capital CEO
BitcoinSkybridge CapitalAnthony Scaramucci
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SkyBridge Capital CEO Anthony Scaramucci believes that Bitcoin has significant potential for growth and could reach as high as $170,000 during this cycle. He predicts that Bitcoin could trade at around half the value of the global gold market.

Spurred on by the recent Bitcoin ETF “selling machines,” Bitcoin could reach as high as $170,000 during the current cycle, says SkyBridge Capital CEO Anthony Scaramucci . He believes that Bitcoin has significant potential for growth and could one day trade at around half the total value of the global gold market .

Scaramucci predicts that the bulk of Bitcoin's price appreciation will occur over a longer time horizon.

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