Scaramucci Predicts $170,000 Bitcoin This Cycle, Cites Limited Supply and Global Adoption as Growth Drivers

SkyBridge's Anthony Scaramucci remains bullish on Bitcoin, predicting a price of $170,000 in this cycle
He cited Bitcoin's limited supply, halving mechanism, and gradual global adoption as reasons for continued growth
Scaramucci sees Bitcoin as a digital store of value and inflation hedge that could reach half the market cap of gold
He also mentioned investments in other coins like Ethereum and Solana, but sees Bitcoin as the leading cryptocurrency
Despite setbacks like FTX, Scaramucci still sees regulatory oversight as positive for crypto in the long run