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SkyBridge Capital Founder: Bitcoin Target Price Maintained at $180,000 to $200,000 by Year-End
Summary: According to reports, SkyBridge Capital founder and CEO Anthony Scaramucci stated in an interview with CNBC that despite recent market corrections, he is maintaining a year-end target price for Bitcoin between $180,000 and $200,000. Scaramucci noted that the market is currently in a consolidation phase, with institutional investors entering at an accelerated pace. He believes ...
According to reports, SkyBridge Capital founder and CEO Anthony Scaramucci stated in an interview with CNBC that despite recent market corrections, he is maintaining a year-end target price for Bitcoin between $180,000 and $200,000. Scaramucci noted that the market is currently in a consolidation phase, with institutional investors entering at an accelerated pace. He believes that while some large investors selling off may cause short-term fluctuations, the mid-term outlook remains optimistic due to continuous demand exceeding supply. He added that both himself and his firm SkyBridge hold a significant amount of Bitcoin, emphasizing that the limited supply of Bitcoin and institutional demand are the core drivers of price increases.
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Link: SkyBridge Capital Founder: Bitcoin Target Price Maintained at $180,000 to $200,000 by Year-End [Copy]
