Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

All the reasons why the price of Bitcoin could be set for an explosive rally

2025-05-19

Jesse Pollak explains how Pectra Upgrade will overload the basic network

2025-05-19

The chance will increase to 83%, sec decision in June?

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Jesse Pollak explains how Pectra Upgrade will overload the basic network

    2025-05-19

    Ice Open Network welcomes Soonchain AI in its online+ ecosystem to stimulate web3 ai-game development

    2025-05-18

    Chainware and Karatdao work together to redefine security and identity in chains

    2025-05-18

    Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

    2025-05-18

    Ailayer forges Alliance with Gaea to create a decentralized AI-driven metaverse

    2025-05-18
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18

    Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

    2025-05-18

    Judge denies joint bid from Ripple and the SEC to end their long -term legal battle to end XRP

    2025-05-17

    A dozen new defendants who were sued in the alleged Rico -entry, connected to $ 263,000,000 crypto theft

    2025-05-17
  • Analysis

    XRP – Price is struggling to keep the ground – breakdown or breathing break?

    2025-05-19

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Bitcoin will rise to $200,000 after halving: Skybridge founder
Bitcoin

Bitcoin will rise to $200,000 after halving: Skybridge founder

2024-04-19No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

In a recent one interview Regarding the future of Bitcoin, Anthony Scaramucci, the founder and managing partner of Skybridge Capital, has made a compelling prediction that the Bitcoin price could potentially reach $200,000 after the upcoming halving. This prediction comes at a time of significant volatility within the crypto markets, exacerbated by recent geopolitical tensions and broader economic uncertainty.

Bitcoin Poised to Reach $200,000

During the interview, Scaramucci provided insight into the forces he believes will drive Bitcoin’s price in the coming months. “Well, I mean, look, you could have shocks like wars and you could have, you know, God forbid, a terrorist disaster or something like that, which could cause Bitcoin to drop 10 or 15%,” he explained. Despite potential short-term headwinds, Scaramucci highlighted the underlying demand dynamics driving Bitcoin’s price, particularly highlighting the influence of new financial products such as ETFs and growing interest from institutional investors.

He elaborated on his bullish outlook and tied it to Bitcoin’s expected halving, an event that historically impacts the supply side of the Bitcoin economy by reducing the reward for mining new blocks, thus limiting supply. “But long term, with the halving this week, I think this thing is trading at $170,000, possibly at $200,000,” Scaramucci claimed.

The discussion also touched on the broader implications of integrating Bitcoin into traditional financial products, such as ETFs. Scaramucci argued that these instruments play a crucial role in broadening Bitcoin’s investor base.

He dismissed concerns about the potential that ETFs could lead to centralization of Bitcoin ownership. “In terms of adoption versus the ETF, you look out over your four-year time horizon. […] It will still make up less than 10% of Bitcoin’s total holdings. So this whole idea that the ETFs will overly centralize Bitcoin, I don’t buy it. However, I think the ETFs are an excellent channel for people who are used to buying them.”

See also  Bitcoin Price Drop Leads to $1 Billion Liquidation Frenzy

BTC is still in the Web 1.0 era

Scaramucci compared Bitcoin’s trajectory to the early internet era, drawing particular parallels to major tech stocks like Amazon during the dot-com bubble. “In 1999, Amazon was an emerging stock with an emerging technology, and it was quite volatile. And you lost 20 to 50% eight times on Amazon. You lost 80%. Yes, that one time in March 2020 it dropped 80%. But if you owned Amazon during that period, $10,000 today is worth just over $14 million.”

He also addressed concerns about Bitcoin’s practical applications, contrasting its current usefulness with more traditional assets such as gold, which also do not provide immediate cash flow. Scaramucci highlighted innovative financial practices within the crypto ecosystem that deliver returns comparable to traditional cash flow, such as yield-generating accounts and lending arrangements available through platforms like Galaxy Digital.

Regarding potential market downturns similar to the dot-com bust, Scaramucci acknowledged the risks but remained optimistic about Bitcoin’s long-term resilience and value proposition. “I think if we have a dot-com bust in the broader market in the next year or two, I think you’re going to have a price shock in Bitcoin that is consistent with a dot-com bust. However, if you are willing to hold that asset, which we do over a four-year period, no one has ever lost money in Bitcoin,” he noted, underscoring the importance of a long-term investment horizon.

At the time of writing, the BTC price rose above $64,000 again.

Bitcoin price
BTC price, 4-hour chart | Source: BTCUSD on TradingView.com

Featured image from Bloomberg, chart from TradingView.com

Disclaimer: The article is for educational purposes only. It does not represent NewsBTC’s views on buying, selling or holding investments and of course investing involves risks. You are advised to conduct your own research before making any investment decisions. Use the information on this website entirely at your own risk.

See also  Bitcoin Plummets $ 9K while Trump's rates are faltering more than $ 1B liquidation

Source link

Bitcoin Founder Halving Rise SkyBridge
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

All the reasons why the price of Bitcoin could be set for an explosive rally

2025-05-19

$ 10 million bitcoin? Investment Pro calls it ‘chance’ of your life

2025-05-18

Data tips on chains Bitcoin to peak at $ 120,000

2025-05-18

Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

2025-05-18
Add A Comment

Comments are closed.

Top Posts

MetaMask could soon launch its Token Airdrop. Here’s how to prepare

2023-05-07

Bitcoin Dominance tipped to hit 57% – incoming always season?

2025-02-08

Analyst who called 2021 collapse predicts potentially huge Polygon (MATIC) gains during bull market

2023-11-10
Editors Picks

Japan proposes crypto -tax reduction to stimulate investors’ profession

2025-03-06

This is what you missed this week during the SBF trial

2023-10-20

Bitcoin rallies After Trump pauses – Crypto -markets cheer the move

2025-04-12

XRP Sees Mild Capitulation Amid Profit-Taking, Santiment Predictions Bullish Rally

2023-06-28

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

All the reasons why the price of Bitcoin could be set for an explosive rally

Jesse Pollak explains how Pectra Upgrade will overload the basic network

The chance will increase to 83%, sec decision in June?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,243.05-0.36%
  • ethereumEthereum(ETH)$2,402.29-4.03%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.31-3.29%
  • binancecoinBNB(BNB)$638.97-0.86%
  • solanaSolana(SOL)$162.03-4.48%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.217983-1.18%
  • cardanoCardano(ADA)$0.72-4.18%
  • tronTRON(TRX)$0.264230-3.16%
  • suiSui(SUI)$3.71-3.30%
  • chainlinkChainlink(LINK)$15.18-3.07%
  • avalanche-2Avalanche(AVAX)$21.68-5.54%
  • stellarStellar(XLM)$0.280675-3.54%
  • hyperliquidHyperliquid(HYPE)$26.00-3.02%
  • shiba-inuShiba Inu(SHIB)$0.000014-3.22%
  • hedera-hashgraphHedera(HBAR)$0.188329-2.90%
  • unus-sed-leoUNUS SED LEO(LEO)$8.60-0.89%
  • bitcoin-cashBitcoin Cash(BCH)$382.44-3.92%
  • the-open-networkToncoin(TON)$3.03-2.52%
  • litecoinLitecoin(LTC)$95.81-2.50%
  • polkadotPolkadot(DOT)$4.50-4.69%
  • moneroMonero(XMR)$344.290.18%
  • bitget-tokenBitget Token(BGB)$5.04-1.87%
  • pepePepe(PEPE)$0.0000130.99%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.73-1.28%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.78-2.83%
  • bittensorBittensor(TAO)$398.33-6.65%
  • nearNEAR Protocol(NEAR)$2.72-1.67%
  • aaveAave(AAVE)$218.38-3.41%
  • okbOKB(OKB)$52.13-1.59%
  • aptosAptos(APT)$4.95-4.66%
  • ondo-financeOndo(ONDO)$0.90-3.12%
  • kaspaKaspa(KAS)$0.106055-4.41%
  • internet-computerInternet Computer(ICP)$5.08-2.96%
  • ethereum-classicEthereum Classic(ETC)$17.76-3.33%
  • gatechain-tokenGateToken(GT)$21.44-0.77%
  • crypto-com-chainCronos(CRO)$0.095628-3.29%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.66-2.92%
  • mantleMantle(MNT)$0.730.12%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232467-2.23%
  • vechainVeChain(VET)$0.027372-3.09%
  • render-tokenRender(RENDER)$4.42-4.66%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • ethenaEthena(ENA)$0.355059-6.57%
  • filecoinFilecoin(FIL)$2.79-2.60%
  • algorandAlgorand(ALGO)$0.214916-2.43%
  • cosmosCosmos(ATOM)$4.73-0.98%
  • bitcoinBitcoin(BTC)$103,243.05-0.36%
  • ethereumEthereum(ETH)$2,402.29-4.03%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.31-3.29%
  • binancecoinBNB(BNB)$638.97-0.86%
  • solanaSolana(SOL)$162.03-4.48%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.217983-1.18%
  • cardanoCardano(ADA)$0.72-4.18%
  • tronTRON(TRX)$0.264230-3.16%
  • suiSui(SUI)$3.71-3.30%
  • chainlinkChainlink(LINK)$15.18-3.07%
  • avalanche-2Avalanche(AVAX)$21.68-5.54%
  • stellarStellar(XLM)$0.280675-3.54%
  • hyperliquidHyperliquid(HYPE)$26.00-3.02%
  • shiba-inuShiba Inu(SHIB)$0.000014-3.22%
  • hedera-hashgraphHedera(HBAR)$0.188329-2.90%
  • unus-sed-leoUNUS SED LEO(LEO)$8.60-0.89%
  • bitcoin-cashBitcoin Cash(BCH)$382.44-3.92%
  • the-open-networkToncoin(TON)$3.03-2.52%
  • litecoinLitecoin(LTC)$95.81-2.50%
  • polkadotPolkadot(DOT)$4.50-4.69%
  • moneroMonero(XMR)$344.290.18%
  • bitget-tokenBitget Token(BGB)$5.04-1.87%
  • pepePepe(PEPE)$0.0000130.99%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.73-1.28%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.78-2.83%
  • bittensorBittensor(TAO)$398.33-6.65%
  • nearNEAR Protocol(NEAR)$2.72-1.67%
  • aaveAave(AAVE)$218.38-3.41%
  • okbOKB(OKB)$52.13-1.59%
  • aptosAptos(APT)$4.95-4.66%
  • ondo-financeOndo(ONDO)$0.90-3.12%
  • kaspaKaspa(KAS)$0.106055-4.41%
  • internet-computerInternet Computer(ICP)$5.08-2.96%
  • ethereum-classicEthereum Classic(ETC)$17.76-3.33%
  • gatechain-tokenGateToken(GT)$21.44-0.77%
  • crypto-com-chainCronos(CRO)$0.095628-3.29%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.66-2.92%
  • mantleMantle(MNT)$0.730.12%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232467-2.23%
  • vechainVeChain(VET)$0.027372-3.09%
  • render-tokenRender(RENDER)$4.42-4.66%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • ethenaEthena(ENA)$0.355059-6.57%
  • filecoinFilecoin(FIL)$2.79-2.60%
  • algorandAlgorand(ALGO)$0.214916-2.43%
  • cosmosCosmos(ATOM)$4.73-0.98%