Editor's PiCK
Anthony Scaramucci "Maintains outlook that Bitcoin (BTC) will reach 150,000 dollars by year-end"
Summary
- SkyBridge Capital founder Anthony Scaramucci reiterated his previous outlook that Bitcoin (BTC) will reach 150,000 dollars by year-end.
- He explained that the bottom formation in September is due to U.S. tax payments and a correction following the recent rally.
- Scaramucci described the recent plunge as part of typical volatility and said that November and December will be buying periods.
According to crypto asset (cryptocurrency) specialist media The Daily Hodl on the 22nd (local time), SkyBridge Capital founder Anthony Scaramucci reiterated his previous outlook that Bitcoin (BTC) will reach 150,000 dollars by year-end.
He appeared on CNBC Squawk Box and explained, "Generally, crypto assets tend to bottom in September," adding, "This is due to selling ahead of the U.S. tax payment day and the rally over the past few months."
He also said, "However, the outlook that BTC will reach 150,000 dollars by year-end remains unchanged," and predicted, "There is still a lot of demand for crypto assets, and November and December will be good buying periods." He added that the recent plunge was "part of typical volatility."
BTC is trading at 112,060.23 dollars, down 2.92% from the previous day on the Binance Tether (USDT) market at 05:18 on the 23rd.
JH Kim
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