Bitcoin could hit $170k post halving, says Anthony Scaramucci
SkyBridge Capital founder Anthony Scaramucci shared an optimistic take on Bitcoin’s (BTC) potential trajectory following the halving . The former White House communications director suggested on The Wolf Of All Streets Podcast with Scott Melker that Bitcoin could experience a “conservative” increase of more than 300% in the coming months. “Why so bearish, man?” Melker asks. Here’s what Scaramucci said. Scaramucci sees BTC at $170k Bitcoin could witness a “cycle top” that is 4x higher than its halving price, Scaramucci, a Goldman Sachs vet, says. He predicts that Bitcoin could reach $170,000 after the halving in April, based on historical data. Scaramucci approximates the peak period for Bitcoin to occur approximately 18 months after the halving event. “Review Bitcoin halving cycles – the day it halves, multiply by four, 18 months later, and it consistently reflects Bitcoin’s price. Using a conservative $35,000 at the halv...