Popular crypto analyst Michaël van de Poppe thinks that Bitcoin’s future gains this cycle could eclipse the progress BTC has already made. On the other hand, Anthony Scaramucci, founder of SkyBridge Capital, predicted in a recent interview with The Wall Street Journal that the Bitcoin price could skyrocket to $200,000 in 2025. Here are all the details of experts’ Bitcoin prediction …
Bitcoin prediction by Van de Poppe: $500,000!
Van de Poppe tells his 753,500 followers on social media platform X that the price of the highest crypto asset by market capitalization could reach $500,000 this cycle. According to the analyst, the rainbow chart shows the following:
The last cycle should have been much higher (it did not reach the extreme phase).
If time passes and this cycle becomes longer for #Bitcoin, the price will automatically increase.
Bitcoin is trading at $105,865 at the time of writing. The top crypto asset hit an all-time high of $107,822 on Monday. Van de Poppe also says altcoin markets are “ready for the next wave”. The game plan, according to the analyst, is to stick with positions as this is the time to maximize your returns. This could mean that depending on your risk appetite, your positions could potentially yield 3-5x returns on BTC valuations. Furthermore, Van de Poppe adds:
Why is this the case? Most altcoins have yet to break out fully as they are still in the accumulation zone in Bitcoin pairs. This is a great sign if you are currently allocated and ready for the next big move. However, the next move will be important to start taking profits as it will be volatile with many of the crashes we have seen in the past week.
What does Anthony Scaramucci say?
Anthony Scaramucci, founder of SkyBridge Capital, said that the price of Bitcoin could skyrocket to $200,000 in 2025. Scaramucci believes that the price could still double despite the cryptocurrency’s huge market capitalization due to the “wave” of crypto-friendly policies in the US. Scarammuci joked that he was scolded by his colleagues at SkyBridge for being “too bearish”. In October, Scaramucci addressed some potential Bitcoin investors who thought they had missed the boat, arguing that they would still be “too early”. The American financier predicted earlier this year that Bitcoin could become a store of value by 2026.
Speaking at the Evident AI Symposium in New York, Scaramucci said that Bitcoin prices have pulled back due to the SEC’s anti-crypto policies. He argued that the SEC was too late to approve spot Bitcoin ETFs. However, they were being blocked by SEC Chairman Gary Genslel earlier this year until he finally decided to greenlight them despite some objections from two anti-crypto commissioners. Scaramucci criticized Gensler for being arbitrary and capricious in implementing the law. “He did something to the industry that held back pricing and held back where we are today,” he said. As we reported as Kriptokoin.com, former SEC Commissioner Paul Atkins is preparing to replace Gensler as SEC chairman.
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