CandleFocus Will Bitcoin Be "Big Winner" This Year? Scaramucci and Pompliano Think So
2024-09-25
Author: Content Editor
Anthony Scaramucci, the head of asset management firm SkyBridge Capital, believes that Bitcoin will outperform other assets in 2024. He shared a recent CNBC interview with Bitcoin proponent Anthony Pompliano on social media, highlighting Pompliano's expectations for Bitcoin's price performance. Pompliano suggests that Bitcoin is sensitive to global liquidity and tends to do well when there is cheap money flow into the system. He also points out that over 50% of Bitcoin is held for more than a year, which he sees as a positive signal. Scaramucci has previously predicted that the Federal Reserve's interest rate cuts and clear crypto regulation could push the price of Bitcoin higher, and he has even forecasted that it could reach $100,000 this year. He has also suggested that Bitcoin could become a store of value by 2026.
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