As Bitcoin continues to break new records, it is wondered whether the rally in BTC will continue in 2025 and what the peak level will be.
At this point, SkyBridge Capital founder Anthony Scaramucci spoke to the Wall Street Journal and explained his expectations for 2025 and his BTC price forecast.
Sacramucci, a former advisor to Donald Trump, has made a bold prediction for Bitcoin, stating that the BTC price could skyrocket to $200,000 by 2025.
Scaramucci said he believes the BTC price could double due to crypto-friendly policies in the US and the Trump influence.
Scaramucci also predicted that China, known for its strict bans on Bitcoin, will re-enter the Bitcoin market by the end of 2025.
The famous name added that China's return to Bitcoin could include adding Bitcoin to its reserve assets and legalizing mining.
Bitcoin is trading at $107,400 at the time of writing, up 2.8% in the last 24 hours.
*This is not investment advice.
