Bitcoin’s Rally Isn’t Over Yet

Bitcoin

Bitcoin’s Rally Isn’t Over Yet – $180K Is Still on the Table, According to Anthony Scaramucci

Bitcoin could still have significant room to run in 2025, according to SkyBridge Capital’s Anthony Scaramucci.

The hedge fund manager believes that BTC may surge as high as $180,000 before the end of the year, buoyed by strong institutional demand and continued ETF inflows — even amid mounting geopolitical and economic uncertainty.

In a recent interview, Scaramucci acknowledged the unpredictability of crypto forecasts but maintained a bullish outlook. “We didn’t quite hit $100K before the Trump inauguration, but I think we’re now looking at $150K to $180K by year-end,” he said, highlighting a potential upside of over 60% from current levels.

Much of his optimism stems from the influx of institutional capital targeting Bitcoin. Scaramucci pointed out that as Wall Street grows more comfortable with digital assets, the lion’s share of capital is still flowing into BTC. “Roughly 80% of new institutional money is ending up in Bitcoin. It’s becoming the primary asset for large-scale investors,” he noted.

However, the path forward may not be entirely smooth. Scaramucci acknowledged a range of macro challenges that could put pressure on markets, including escalating military conflicts and lingering post-pandemic financial strain. “We’re still dealing with wars in Ukraine and the Middle East, as well as fears of recession. All of that creates uncertainty,” he explained.

Despite these hurdles, Bitcoin has shown strong resilience. ETF demand remains high, signaling that investors are buying into BTC as a long-term hedge even amid market turbulence. For Scaramucci, that level of conviction could be what ultimately propels Bitcoin toward new historic highs in the coming months.

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Author

Alexander Stefanov

Reporter at Coindoo

Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.

Source: https://coindoo.com/bitcoins-rally-isnt-over-yet-180k-is-still-on-the-table-according-to-anthony-scaramucci/