Foresight News reports that SkyBridge Capital founder Anthony Scaramucci said at the Davos Forum in Switzerland, “Although Bitcoin’s price has fallen significantly from last year’s all-time high, its long-term outlook remains solid. This is more a matter of timing rather than direction. I believe the fundamentals of Bitcoin haven’t changed. If there is any change, it is that the market has experienced a lot of consolidation. I hope Bitcoin’s price can return to between $125,000 and $150,000. But that’s just how Bitcoin is… it tends to rise as it pleases. I am cautiously optimistic. I think this year will be pretty good.”
Previously, Scaramucci had predicted that Bitcoin would reach $170,000 by the end of 2025.
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