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<ul class="news-points"> 
 <li><strong>Hedge fund manager Scaramucci predicts Bitcoin could reach $170,000 post-halving.</strong></li> 
 <li><strong>BlackRock’s CEO initially dismissed Bitcoin as a “stupid asset” that “sucks,” reveals Scaramucci.</strong></li> 
 <li><strong>Scaramucci’s calculation multiplies Bitcoin’s price at the time of halving by four 18 months later.</strong></li> 
</ul> 
<p>In a recent interview, Anthony Scaramucci, founder of SkyBridge Capital, made a bold prediction regarding Bitcoin’s price post-halving, suggesting it could soar to $170,000.</p> 
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 <div class="wp-block-embed__wrapper"> <iframe title="Bitcoin Will Hit $170,000 After The Halving | Anthony Scaramucci" width="640" height="360" src="https://www.youtube.com/embed/LIzeqEEGMzY?start=510&amp;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
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</figure> 
<p>Scaramucci’s assertion is based on a data-driven analysis of Bitcoin’s historical price patterns following halving cycles. He emphasized a simple yet compelling analysis:</p> 
<blockquote class="wp-block-quote"> 
 <p>“Go back and look at Bitcoin halving cycles the day that the Bitcoin halves, multiply it by four 18 months later, and it’s been uncanny that that’s been the price of Bitcoin.”<br></p> 
</blockquote> 
<p>“I’m using a $35,000 number at the halving, and that’s conservative… Let’s say we’re at <a href="https://coinedition.com/bitcoin-maximalist-predicts-bitcoin-to-hit-50000/">$50,000</a> in April, then it’s a $200,000 handle. Let’s say we’re at $60,000; it’ll be $240,000,” Scaramucci said.</p> 
<p>At the time of writing, <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="nofollow">BTC</a> has surpassed $43,000, recovering from fluctuations since the launch of spot Bitcoin ETFs. Its current market capitalizati…</p>
<p>The post <a href="https://coinedition.com/bitcoin-projected-to-surge-to-170000-post-halving-anthony-scaramucci/">Bitcoin Projected to Surge to $170,000 Post-Halving: Anthony Scaramucci</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Bitcoin Projected to Surge to $170,000 Post-Halving: Anthony Scaramucci

Coin Edition

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