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Anthony Scaramucci Names Bitcoin Recovery Factors

by Vaibhav
August 16, 2022
in Opinions
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Anthony Scaramucci: Bitcoin will be trading at $ 500,000
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SkyBridge Capital CEO Anthony Scaramucci in an interview CNBC gave an optimistic forecast regarding the prospects for the movement of the digital asset market.

According to him, the key factors for the growth of cryptocurrencies will be:

  • conclusion of important business agreements;
  • improvement of macroeconomic indicators – reduction of inflation;
  • The Merge update scheduled on the Ethereum mainnet on September 15-16.

Scaramucci advised other investors to pay attention to the current situation in the digital asset market, and for holders to “stay patient and play long.”

CEO [управляющей активами BlackRock] Larry Fink sees institutional demand for cryptocurrencies. Otherwise, he would not have created these products and merged with Coinbase,” he explained.

The CEO of SkyBridge Capital recalled the limited supply of 21 million bitcoins, which will lead to “shock demand with little supply.”

He believes that the first cryptocurrency can show unprecedented growth within six years.

“If we’re right, if bitcoin goes to $300,000 it won’t matter if you bought it at $20,000 or $60,000. The future is ours. It will happen sooner than I thought,” said Scaramucci.

In May, he refrained from making predictions about the dynamics of digital gold and advised investors to “stick to quality assets” and be ready for any turn.

See also  Opinion: the Fed's decision can turn Bitcoin up

Recall, analysts at Bank of America indicated that an increase in the outflow of cryptocurrencies from exchanges and an increase in net inflows into stablecoins signal bullish signals for bitcoin.

Read Cryplogger bitcoin news in our Telegram – Cryptocurrency news, courses and analytics.

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SkyBridge Capital CEO Anthony Scaramucci in an interview CNBC gave an optimistic forecast regarding the prospects for the movement of the digital asset market.

See also  GitHub Calls for Open Source Exclusion from EU AI Law

According to him, the key factors for the growth of cryptocurrencies will be:

  • conclusion of important business agreements;
  • improvement of macroeconomic indicators – reduction of inflation;
  • The Merge update scheduled on the Ethereum mainnet on September 15-16.

Scaramucci advised other investors to pay attention to the current situation in the digital asset market, and for holders to “stay patient and play long.”

CEO [управляющей активами BlackRock] Larry Fink sees institutional demand for cryptocurrencies. Otherwise, he would not have created these products and merged with Coinbase,” he explained.

The CEO of SkyBridge Capital recalled the limited supply of 21 million bitcoins, which will lead to “shock demand with little supply.”

See also  Experts Announce Warning Signals in Mazars Binance Reserves Report

He believes that the first cryptocurrency can show unprecedented growth within six years.

“If we’re right, if bitcoin goes to $300,000 it won’t matter if you bought it at $20,000 or $60,000. The future is ours. It will happen sooner than I thought,” said Scaramucci.

In May, he refrained from making predictions about the dynamics of digital gold and advised investors to “stick to quality assets” and be ready for any turn.

Recall, analysts at Bank of America indicated that an increase in the outflow of cryptocurrencies from exchanges and an increase in net inflows into stablecoins signal bullish signals for bitcoin.

Read Cryplogger bitcoin news in our Telegram – Cryptocurrency news, courses and analytics.

Found a mistake in the text? Select it and press CTRL+ENTER

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