The CEO of global investment firm Skybridge Capital predicts that the Bitcoin and altcoin markets will see more institutional attention in the next 12 to 18 months. Cryptocoin. com, we have compiled the details for you, let’s examine the subject together…
Anthony Scaramucci: Institutional money will come to BTC and altcoin markets!
In a new episode of The Best Business Show, Skybridge Capital CEO Anthony Scaramucci told Bitcoin bull Anthony Pompliano that more institutional investors are likely to enter the crypto market as regulators move to remove barriers to buying and holding cryptocurrencies. told. Anthony Scaramucci made the following comments on the subject:
I’m going to make a bold prediction, Anthony… I think there will be institutional investors over the next 12 to 18 months, because now we have the regulatory box checked, and checking that box means that institutions are like, ‘Hey, I have to get into this thing. I must have a piece of it. I have to understand this’ and what would George Soros say? ‘Invest, then research’
Anthony Scaramucci, Bitcoin price goes to 6-digit levels
Anthony Scaramucci is also considering the possibility of BTC price returning to $50,000. But rather than a drop, Anthony Scaramucci says the biggest cryptocurrency will likely break six-digit levels after the US Securities and Exchange Commission greenlights its first Bitcoin futures ETF. Anthony Scaramucci made the following comments on the subject:
It is likely to reach $150,000 in the next 12 months. When you do my podcast, I will stick to my previous price target that I shared with you in our SALT talk. I think hundred thousand by the end of the year… I think a gateway is now open, because… Yesterday, a gateway was opened where an institution could say, ‘I can buy this’… Some of my friends said, “I will not get vaccinated until the FDA approves the vaccine.” So that figuratively happened for Bitcoin. You got approval from the SEC. Bitcoin lives in the financial regulatory ecosystem and is not going anywhere, and now, this portal has been opened for sophisticated investors. I won’t be fired if I have this thing…