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<p>The post <a href="https://coinpedia.org/news/anthony-scaramucci-charts-bullish-path-for-bitcoin-expects-new-all-time-high/">Anthony Scaramucci Charts Bullish Path for Bitcoin, Expects New All-Time High</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>In a recent interview with CNBC, Anthony Scaramucci, the founder of Skybridge Capital and a prominent figure in the crypto investment space, expressed optimism about the future trajectory of Bitcoin (BTC), foreseeing the digital currency surpassing its all-time high (ATH) of $69,000 within the next year.</p> 
<h2 class="wp-block-heading" id="h-btc-to-surpass-it-s-ath">BTC To Surpass it’s ATH</h2> 
<p>Scaramucci’s bullish comments on Bitcoin’s future performance emerged in discussions about the potential approval of a Bitcoin exchange-traded fund (ETF) and its potential impact on the broader cryptocurrency market.&nbsp;</p> 
<p>During the <a href="https://www.cnbc.com/video/2023/12/22/bitcoin-will-eventually-surpass-its-all-time-high-says-skybridges-anthony-scaramucci.html">interview</a>, Scaramucci confidently stated that Bitcoin would eventually exceed its previous ATH, emphasizing the surprising speed of its recent ascent.</p> 
<p>Acknowledging the recent volatility and challenges within the crypto industry, Scaramucci highlighted that its rapid rise took aback those who didn’t closely follow Bitcoin.&nbsp;</p> 
<p>Drawing on his involvement in Bitcoin since 2020, Scaramucci emphasized the market’s 14 to 15-year developmental journey, underscoring the importance of a broader perspective in assessing BTC’s performance.</p> 
<h2 class="wp-block-heading" id="h-learning-from-past-shortfalls">Learning from Past Shortfalls</h2> 
<p>Acknowledging past predictions that fell short, including a projection for Bitcoin to reach $100,000 by the end of 2022, Scaramucci openly discussed his occasional embarrassment over past forecasts. Despite these historical missteps, he maintained an optimistic stance on Bitcoin’s future.</p> 
<p><em>“I’ve been embarrassed by my predictions in the past. I would’ve thought [BTC] would’ve gotten to a hundred thousand by the end of 2022.”</em></p> 
<h2 class="wp-block-heading" id="h-a-cautious-approach">A Cautious Approach</h2> 
<p>Addressing the timing of <a href="https://coinpedia.org/news/spot-bitcoin-etfs-set-to-revolutionize-the-150-strong-crypto-etp-landscape/">Bitcoin’s</a> potential new ATH, Scaramucci exercised caution, refraining from providing a specific timeline. He highlighted the influence of short-term market dynamics, such as the “buy the rumor, sell the news” phenomenon, and other factors that could shape Bitcoin’s near-term trends.</p> 
<p>Delving into Skybridge Capital’s crypto portfolio, Scaramucci disclosed that approximately one-third of the firm’s business involves cryptocurrencies. While maintaining diverse holdings, including Ethereum and various tokens, Scaramucci underscored Bitcoin’s supremacy, referring to it as the “big boss” among his investments.</p> 
<p>Currently valued <a href="https://coinmarketcap.com/currencies/bitcoin/">at $42,471</a>, Bitcoin experienced a 4% decline in the last 24 hours.</p>

Anthony Scaramucci Charts Bullish Path for Bitcoin, Expects New All-Time High

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