2024

Bitcoin

April

The post <a href="https://coinpedia.org/news/bitcoin-price-prediction-post-halving-anthony-scaramucci-predicts-btc-price-target-in-next-18-months/" rel="noopener noreferrer nofollow">Bitcoin Price Prediction Post Halving-Anthony Scaramucci Predicts BTC Price Target In Next 18 Months</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
As Bitcoin gears up for its 2024 halving, Skybridge Capital’s Anthony Scaramucci predicts a surge to at least $170,000 post-halving, citing historical patterns.&nbsp;
<h2 class="wp-block-heading" id="h-halving-dynamics">Halving Dynamics</h2>
Skybridge Capital’s Anthony Scaramucci predicts Bitcoin to hit $170,000 after the April halving, citing historical trends on the <a href="https://x.com/scottmelker/status/1751224390123946473?s=20" rel="noopener noreferrer nofollow">Scott Melker podcast</a>. The founder highlights the cyclical nature of Bitcoin’s price movements post-halving, projecting a potential surge to at least $170,000 within 18 months.&nbsp;
Scaramucci also drew attention to the conservative estimate, suggesting that if Bitcoin starts at $50,000 in April, it could reach a $200,000 handle.
The long-term outlook is even more optimistic, with Scaramucci envisioning Bitcoin reaching half the market cap of gold, equating to approximately $400,000 per coin.
<h2 class="wp-block-heading" id="h-contrary-views-by-bitquant-and-bloomberg">Contrary Views By BitQuant and Bloomberg</h2>
Meanwhile, BitQuant foresees a catalyst for new highs, with a price target of $250,000. Bloomberg Intelligence and Matrixport suggest an 81% increase, anticipating Bitcoin to surpass $50,000 in 2024.
Contrasting Scaramucci’s optimism, BitQuant predicts potential pullbacks, but estimates Bitcoin to hit <a href="https://www.newsbtc.com/bitcoin-news/analyst-bitcoin-250000-before-halving/#:~:text=In%20a%20post%20shared%20on,upcoming%20Bitcoin%20halving%20in%20April." rel="noopener noreferrer nofollow">$250,000 before halving,</a> suggesting that the halving might act as a catalyst. This forecast could impact crypto-related ETFs like SATO and BLKC, benefiting from a surging Bitcoin.
Bloomberg analysts foresee Bitcoin’s recent rebound as the start of a potential rally, projecting <a href="https://www.bloomberg.com/news/articles/2023-04-23/bitcoin-btc-halving-in-2024-spurs-predictions-of-rally-past-50-000" rel="noopener noreferrer nofollow">Bitcoin to climb beyond $50,000</a> by 2024. The expected increase is attributed to the upcoming halving in April 2024, triggering an 81% surge in Bitcoin’s value.
Despite positive projections, challenges such as regulatory scrutiny and economic uncertainties linger. Bitcoin, at the time of writing, trading at $43,419.30, faces hurdles to reach previous all-time highs.&nbsp;
Bitcoin’s trajectory, fueled by the oncoming 2024 halving, sparks anticipation among experts. As Scaramucci and BitQuant offer contrasting yet optimistic views, Bloomberg’s forecast reminds investors to tread cautiously.&nbsp;

Bitcoin Price Prediction Post Halving-Anthony Scaramucci Predicts BTC Price Target In Next 18 Months

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