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by: xpoolPosted on: August 31, 2025

Scaramucci Predicts Bitcoin’s Journey to $500K Will Be Volatile

Anthony Scaramucci, founder of SkyBridge Capital, believes Bitcoin’s long-term value is undeniable, even though the path to $500,000 in five to six years will be bumpy. He anticipates a significant drawdown (around 40%) before reaching this milestone. Scaramucci advises investors to prepare for volatility rather than treat it as an anomaly.

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