Bitcoin is trading at $58,541 at the time of writing, after surpassing the $50,000 resistance line, which has been called the resistance line. The price is up 0.54% compared to 24 hours ago, showing a relatively stable trend.
On the 18th (local time), Anthony Scaramucci, founder of Skybridge Capital, said that the Bitcoin rally will continue.
“Look at the Amazon stock price since 2009. It’s not too late to buy bitcoin now” in an interview with the foreign press, founder of the famous hedge fund Skybridge Capital. I predicted it. Considering the macroeconomic background, it is predicted that the price of bitcoin will exceed $100,000 by February next year.
He diagnosed that while institutional investors are also entering the cryptocurrency market, the cryptocurrency rally is bound to continue due to limited supply. He also predicted that, like Amazon’s stock price, the volatility of Bitcoin will decrease over time.
He praised Bitcoin as being easy to store, difficult to steal, and highly portable, and that it is better than gold.
Meanwhile, last year, Skybridge Capital announced plans to launch a Bitcoin fund.