While Bitcoin is struggling to combat sharp declines in the short term, the expectation of an increase in the long term continues.
SkyBridge co-founder Anthony Scaramucci, who thinks BTC will reach triple digits at this point, said he expects the price to reach $150,000 to $200,000 soon.
In an interview with Schwarb Network, Scaramucci stated that this rise of Bitcoin will occur when the BTC wallet amount reaches 1 billion, and said that he sees Bitcoin as a store of value similar to gold.
Stating that he believes that Bitcoin will have a market value similar to gold in the future, the famous name emphasized that Bitcoin is a store of value and argued that it could approach the level of gold, which has a market value of $ 17 trillion.
Currently, the estimated market values of gold and BTC are $17 trillion and $1.12 trillion respectively.
Despite openly criticizing former President Donald Trump, Scaramucci, who has openly supported Kamala Harris in the US elections, has acknowledged that Trump has been better for the cryptocurrency industry in general.
*This is not investment advice.