Skybridge Capital founder Anthony Scaramucci has explained that it is not too late to buy bitcoin. With bitcoin’s price surging past $50,000, he anticipates that many are wondering if they’ve missed the opportunity to buy the crypto. Scaramucci stressed that his answer is a hard “no.”

Anthony Scaramucci: Bitcoin Is Still a Good Buy

Skybridge Capital founder Anthony Scaramucci has maintained that it’s not too late for investors to buy bitcoin despite BTC’s price exceeding $50,000 on Monday. Scaramucci detailed on social media platform X:


The Skybridge founder cited three key factors that he believes will drive bitcoin’s price upwards: falling interest rates, which can make assets like bitcoin more attractive, rising demand for spot bitcoin exchange-traded funds (ETFs) bringing “billions in new flows” to the market, and the upcoming Bitcoin halving in approximately two months.
Scaramucci emphasized:


Scaramucci stated in January, that he expected BTC to soar above $170,000 next year if the price of the cryptocurrency stays at current levels until the halving in April. He said: “If bitcoin is at $45,000 on the halving, where it roughly is right now, it’ll be $170,000 by mid-to-late 2025.” At the time of writing, BTC is trading at $49,653.97.
Moreover, he predicted significant capital inflow from Wall Street into spot bitcoin ETFs, which the U.S. Securities and Exchange Commission (SEC) approved on Jan. 10. He also stated that the exponential growth of wallets and adoption of bitcoin globally will drive BTC prices higher through 2024. Scaramucci previously said that bitcoin investing “is a buy and hold strategy,” adding: “I would just recommend to people that they hold it.”
Do you think it’s too late to buy bitcoin now that BTC is around $50,000? Let us know in the comments section below.

Anthony Scaramucci: Bitcoin Is Still a Good Buy

Skybridge Capital founder Anthony Scaramucci has maintained that it’s not too late for investors to buy bitcoin despite BTC’s price exceeding $50,000 on Monday. Scaramucci detailed on social media platform X:


The Skybridge founder cited three key factors that he believes will drive bitcoin’s price upwards: falling interest rates, which can make assets like bitcoin more attractive, rising demand for spot bitcoin exchange-traded funds (ETFs) bringing “billions in new flows” to the market, and the upcoming Bitcoin halving in approximately two months.
Scaramucci emphasized:


Scaramucci stated in January, that he expected BTC to soar above $170,000 next year if the price of the cryptocurrency stays at current levels until the halving in April. He said: “If bitcoin is at $45,000 on the halving, where it roughly is right now, it’ll be $170,000 by mid-to-late 2025.” At the time of writing, BTC is trading at $49,653.97.
Moreover, he predicted significant capital inflow from Wall Street into spot bitcoin ETFs, which the U.S. Securities and Exchange Commission (SEC) approved on Jan. 10. He also stated that the exponential growth of wallets and adoption of bitcoin globally will drive BTC prices higher through 2024. Scaramucci previously said that bitcoin investing “is a buy and hold strategy,” adding: “I would just recommend to people that they hold it.”
Do you think it’s too late to buy bitcoin now that BTC is around $50,000? Let us know in the comments section below.