Anthony Scaramucci Predicts One Catalyst Will Trigger Bitcoin Boom, Says Now’s a Great Time To Accumulate BTC
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SkyBridge Capital chief executive Anthony Scaramucci says Bitcoin (BTC) will have a clear bottom once the Federal Reserve ceases raising interest rates to lower inflation. In a new YouTube interview with crypto influencer Scott Melker, Scaramucci says the Fed is on the verge of changing its hawkish policy, which would cause risk assets like Bitcoin to soar. He predicts the Fed will soon cease raising rates any further because it will exacerbate the government’s own debt obligations. He also says the Fed can pause raising rates since inflation is coming down. He adds that if he is wrong, the economy
SkyBridge Capital founder Anthony Scaramucci believes Bitcoin remains in a normal cyclical correction and has not broken its long-term bullish structure. Speaking during a CNBC interview, Scaramucci argued that Bitcoin’s recent price action closely mirrors the historical four-year market cycle driven by halving events. Visit Website Go to Source Author:…
Bitcoin has been doing quite well over the past few weeks. The currency has already jumped up by about $5,000 since the end of 2022, which will likely go down as one of the most disastrous periods for the world’s number one digital currency by market cap. The asset is…