SkyBridge Capital Founder Expresses Optimism for Bitcoin's Long-Term Outlook

SkyBridge Capital founder Anthony Scaramucci shared his views on Bitcoin's future at the Davos Forum in Switzerland. According to Foresight News, Scaramucci acknowledged the significant decline in Bitcoin's price from its historical peak last year but maintained that its long-term prospects remain strong. He emphasized that the issue is more about timing than direction, asserting that Bitcoin's fundamentals have not changed. He noted that the market has seen considerable consolidation and expressed hope for Bitcoin's price to return to the range of $125,000 to $150,000. Scaramucci remarked that Bitcoin's price movements are unpredictable, yet he remains cautiously optimistic about its performance this year. Previously, Scaramucci had predicted that Bitcoin would reach $170,000 by the end of 2025.