Scaramucci insists that Bitcoin could reach 180,000 to 200,000 by the end of the year, optimistic about institutional get on board.

[Bit推] Anthony Scaramucci, founder and CEO of SkyBridge Capital, stated in an interview that despite the recent market pullback, he still maintains his year-end target price for Bitcoin between $180,000 and $200,000.

Scaramucci pointed out that the market is currently in a consolidation phase, with the entry of institutional investors accelerating. Compared to three years ago when retail investors dominated the conference atmosphere, more attendees are now institutions. He believes that the selling by some large investors has led to short-term volatility in the market, but the medium-term outlook remains optimistic, as demand continues to exceed supply.

He added that both he and his company SkyBridge hold a large amount of Bitcoin, emphasizing that the limited supply of Bitcoin and institutional allocation demand are the core driving forces behind the price increase.

BTC-3.24%
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GateUser-afe07a92vip
· 08-22 20:06
Laughing to death, here comes the BTC again.
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ser_we_are_earlyvip
· 08-20 05:32
Who can withstand nearly 300,000 BTC?
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MoonMathMagicvip
· 08-20 05:32
I feel like I can't reach 200,000.
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RektRecordervip
· 08-20 05:29
It's a good thing that retail investors are out~ Raise your hand if you're still losing.
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VirtualRichDreamvip
· 08-20 05:19
Daddy institution has finally arrived! Let's get hyped!
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TopBuyerBottomSellervip
· 08-20 05:16
Can I step up this time?
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FloorSweepervip
· 08-20 05:10
Laughing to death, they dare to be bearish about this.
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SmartContractPhobiavip
· 08-20 05:08
Are you blowing again? Every time there is a big dump, you make predictions.
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