Skybridge CEO Anthony Scaramucci Predicts Bitcoin Above $100K

Skybridge Capital founder and CEO Anthony Scaramucci is doubling down on his bullish outlook for bitcoin. Even though the leading cryptocurrency has been trading through a period of low volatility, Scaramucci remains convinced that the price is heading past the six figure mark.

He points to the recent halving cycle as the primary catalyst for the next big market breakout. Supply cuts historically create a strong upward push on prices as new issuance slows down, and this cycle should prove no different once the current market lull ends.

Traders and investors are watching the charts closely to see if the bear phase is truly finishing. If Scaramucci is correct, patient holders could soon see the momentum shift back in favor of a strong rally.