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REGULATION
by
2 years ago

“The Bitcoin Bear Market is over”, Anthony Scaramucci said, is it true?

2023-04-10

REGULATION
by
2 years ago


Anthony Scaramucci, founder of SkyBridge Capital and former White House communications director, believes that the crypto bear market is over. In addition, he admires the performance of Bitcoin over the past several years, calling it the best long-term investment tool.

 

In a recent interview with Yahoo Finance, Scaramucci stated that the cryptocurrency winter that we have endured may be behind us, and he advised investors to maintain their confidence in Bitcoin, predicting that its price may continue to rise in the coming months.

 

"Bitcoin has increased by about 70% this year, and I think this is the beginning of a new era for Bitcoin and other digital currencies," he said.

 

Scaramucci also praised Cathie Wood's prediction that the main digital currencies may reach $1 million by 2030, calling it the best investment tool for people to choose when investing in the long term.

 

"Whenever you hold Bitcoin for four years, you will find that it performs better than all other types of assets," he said. 


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