Anthony Scaramucci warns Bitcoin will crash 40% before reaching $500K
From thestreet.com
Bitcoin believers have heard it all before — the crashes, the “it’s over” declarations, the skeptics dismissing it as a fad. Yet SkyBridge Capital founder Anthony Scaramucci insists that when it comes to Bitcoin, the biggest mistake you can make is underestimating how early we still are. “I predict that Bitcoin will probably get to $500,000 over the next five or six years. But could we have a 40% correction between now and then? Certainly. So you know, you got to be ready,” Scaramucci told Coinage. For him, volatility is the price of admission. Across his 37 years on Wall Street, he’s seen nine crashes, each one ...
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