2024

Bitcoin

Bold

BlackRock

<p>The post <a href="https://coinpedia.org/price-analysis/legendary-investor-makes-bold-prediction-says-bitcoin-to-skyrocket-to-6-8-million/">Hold Long Term! Legendary Investors Bullish on Bitcoin, Predicts $8 Million Price Soon</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Renowned investor Anthony Scaramucci recently shared his thoughts on Bitcoin’s future, calling it the “best-performing asset in the world.” In an interview on Wealthion, he highlighted the strong demand from big investors and its potential for long-term growth.</p> 
<p>Here’s what you must know. </p> 
<h2 class="wp-block-heading" id="h-scaramuccia-s-views-on-bitcoin">Scaramuccia’s Views on Bitcoin</h2> 
<p>Scaramucci pointed out the huge demand for <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin</a>, especially from investors buying into ETFs like BlackRock and Kathy Wood’s funds. Even though only 450 new coins are made each day, the demand keeps pushing prices up.</p> 
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   <p lang="en" dir="ltr">Crypto and Bitcoin are still new to most people. I tried to answer some of the biggest questions like use cases and the upcoming halving. Give it a watch: <a href="https://t.co/PCAhnAm6ov">https://t.co/PCAhnAm6ov</a></p>— Anthony Scaramucci (@Scaramucci) <a href="https://twitter.com/Scaramucci/status/1781407670282432619?ref_src=twsrc%5Etfw">April 19, 2024</a>
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<p>After Bitcoin halving events, prices usually drop but then bounce back as people sell for profit and new investors join in.</p> 
<p><strong>Scaramucci’s Bitcoin Strategy</strong></p> 
<p>Scaramucci repeats his strategy of holding Bitcoin long-term, regardless of short-term price fluctuations. He pointed to <a href="https://coinpedia.org/price-analysis/bitcoin-price-rally-ahead-as-analysts-predict-15-20-surge-after-upside-breakout/">Bitcoin’s strong performance</a> over the past 14 years as evidence of its enduring value. According to Scaramucci, Bitcoin has proven to be the best-performing asset worldwide, making it a valuable addition to any investment portfolio.</p> 
<p>Also Read: <a href="https://coinpedia.org/price-analysis/bitcoin-halving-impact-on-top-brc-20-tokens-what-to-expect-this-month/">Bitcoin Halving Impact On Top BRC-20 Tokens! What To Expect This Month?</a></p> 
<h2 class="wp-block-heading" id="h-come-join-the-revolution"><strong>Come, Join the Revolution!</strong></h2> 
<p>Scaramucci encourages people to invest in Bitcoin, even though its price can be unpredictable. He suggests starting with a small investment to learn about Bitcoin and enjoy being part of the cryptocurrency world.</p> 
<p>He says Bitcoin isn’t just a gamble but a groundbreaking asset with a bright future.</p> 
<p>Check Out: <a href="https://coinpedia.org/price-analysis/will-the-impact-of-bitcoin-halving-have-an-effect-on-btc-price-heres-what-you-need-to-know/">Will the Impact of Bitcoin Halving Have an Effect on BTC Price? Here’s What You Need to Know</a></p> 
<h2 class="wp-block-heading" id="h-what-s-ahead-for-bitcoin-btc-price-prediction"><strong>What’s Ahead for Bitcoin</strong>: BTC Price Prediction</h2> 
<p>Scaramucci predicts Bitcoin’s price could reach $6-8 million in the future, but for now, it’s not a great way to protect against inflation or a fully trusted store of value because not enough people use it globally. He thinks that’ll change once Bitcoin has a billion users, which could happen around 2026.</p> 
<p>Bitcoin is currently priced at <a href="https://markets.coinpedia.org/bitcoin/?_gl=1*nmles*_ga*NTQzNDc3MzQ4LjE2OTcxODMzODc.*_ga_RE1GG3FGQW*MTcxMzU4Njg3Ni4xNjUuMS4xNzEzNTg5NDQzLjU1LjAuMA..">$63,839.87</a>, down 1.6% in the last day. But trading is still strong at $30.4 billion, with a market cap of 1.25 trillion.</p> 
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Hold Long Term! Legendary Investors Bullish on Bitcoin, Predicts $8 Million Price Soon

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