CandleFocus Bitcoin To Undergo Supply Shock That Could Send BTC to $200,000, Says Anthony Scaramucci – Here’s His Timeline
2024-12-31
Author: Content Editor
In an interview, Anthony Scaramucci, the founder of investment firm SkyBridge Capital, predicts that the price of Bitcoin will more than double in the next year due to increasing demand and a supply crunch. He believes that there is not enough Bitcoin in the marketplace, leading to a buying frenzy. Scaramucci also suggests that the US government, under President-elect Donald Trump's leadership, may create a Bitcoin reserve, comparing it to the current reserve of gold. At the time of writing, Bitcoin is trading at $94,737, up 3% in the last 24 hours.
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