Famous CEO Says Bitcoin’s Decline is Temporary, Gives Date for $100,000!

Bitcoin while it rose above $59,000 in the morning hours SkyBridge Capital founder and CEO Anthony Scaramucci predicted that BTC will reach $100,000 by the end of the year.

My $170K Prediction Is Valid!

Speaking to CNBC, Scaramucci said Bitcoin’s current decline is due to temporary factors, such as Mt. Gox’s repayment to creditors and the German government selling its BTC holdings.

Bitcoin price bullish support coming soon FTXThe famous CEO, who stated that he will come from, added that FTX creditors getting their funds back could provide support to the BTC price.

Because FTX creditors will not receive their funds in kind as in Mt.Gox, but in cash. It is thought that cash will also come to the market to make purchases.

$170,000 BTC your guess Stating that he stands behind the campaign, Scaramucci said:

“I think Bitcoin has solid fundamentals in the long run.

And like I said, I think it will be $170,000 after the halving, but I think you can get to $100,000 by the end of the year, but BTC has to go through this laborious process right now before it goes up.

“FTX will soon be giving away around $16 billion in cash to investors who have accounts on FTX. And that’s very good news for Bitcoin.”

Criticized Biden!

Scaramucci, who supported Joe Biden in the US elections, criticized the Biden government’s approach to cryptocurrency.

Underlining Bitcoin’s potential as a long-term asset, Scaramucci noted that BTC is also very popular among Americans and said:

“The Democratic Party’s reluctance to embrace cryptocurrencies could be a huge mistake in terms of voter support in the November US presidential election, especially when compared to the Republican Party’s position.

*This is not investment advice.