Skybridge Capital founder Anthony Scaramucci has made a bullish prediction about Bitcoin’s potential trend. Based on historical data, he believes Bitcoin will "conservatively" rise more than 300% in the coming months, possibly reaching a peak of $170,000 after the April halving.
Anthony Scaramucci also predicts that Bitcoin could hit $400,000 in the long term, with the potential to grow 10 times in value and approach half the market value of gold.
According to its experience and analysis, the peak of Bitcoin price will occur approximately 18 months after the halving event. He predicted that Bitcoin’s “cycle top” could be equal to four times the price at the halving.
Scaramucci conservatively estimated a Bitcoin price of $35,000 at the time of the halving, and outlined potential scenarios: If Bitcoin reaches $50,000 in April, it could then reach $200,000; if it reaches $60,000 in April, it could surge to $240,000. (Bitcoinist)