Anthony Scaramucci Predicts Bitcoin Will Reach $176,000 by 2026
Anthony Scaramucci, founder of SkyBridge Capital, predicts that Bitcoin will soon breach the six-figure price, forecasting it to reach $176,000 within two years. This aligns with sentiments from other crypto investors regarding Bitcoin's potential for significant price increases.
Bitcoin To Rally Threefold
Scaramucci remarked on Bitcoin's recent price surge, which saw BTC regain momentum and rise to $70,000 after dipping to $68,000. He emphasized an anticipated threefold increase in Bitcoin's value by mid-2026, supported by rising demand against a fixed supply, creating conditions for substantial price growth.
SkyBridge’s Scaramucci says US will solve debt crisis, bitcoin to triple by 2026 https://t.co/aKYDI6vW2N pic.twitter.com/1BQCdomKHy
— Reuters (@Reuters) October 30, 2024
A Kamala Harris Supporter
Scaramucci has publicly supported Vice President Kamala Harris's presidential candidacy and indicated that she would endorse Bitcoin if elected. He is collaborating with her team to develop policies favorable to cryptocurrencies and plans to announce advancements in her crypto agenda soon.
BTC-Gold Connection
In another interview, Scaramucci compared Bitcoin to gold, labeling it as the "digital gold" of the cryptocurrency sector. He referenced support for this comparison from financial experts like BlackRock CEO Larry Fink, predicting Bitcoin could achieve half of gold's market cap within ten years, offering significant returns for investors. As of now, gold trades at $2,754 per ounce, reaching a market cap of $18.494 trillion.
Featured image from DALL-E, chart from TradingView