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CEO of Tianqiao Capital: The price of Bitcoin in this cycle may reach up to $170000, and its future market value may reach half of gold

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2024-04-08 02:03:55
Anthony Scaramucci, CEO of Tianqiao Capital, stated in an interview with CNBC that Bitcoin still has a lot of room for growth from its current price of $69000, and one day its trading value may reach about half of the total value of the global gold market. During this cycle, Bitcoin may reach up to $170000, and most of the price increase of this asset will occur over a longer period of time. The upcoming halving of Bitcoin will be the main catalyst for the short-term rise in Bitcoin prices.
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