Posted 2/29/2024, 8:04:20 AM
Bitcoin Price Could Surge to $200K by 2024, Predicts SkyBridge's Scaramucci, Citing Halving Trends and Growing Demand
- Bitcoin price could hit $200,000 by 2024, predicts SkyBridge Capital's Anthony Scaramucci
- Scaramucci bases prediction on historical Bitcoin price gains after halving events
- Current Bitcoin price is over $61,000, up 40% since early February
- Ongoing price appreciation driven by more demand than supply from new spot BTC ETFs
- Short sellers also contributing to price gains by getting "wrecked" and closing positions