Anthony Scaramucci, the founder and CEO of SkyBridge Capital, reiterated on Tuesday Bitcoin’s (CRYPTO: BTC) year-end price target between $180,000-$200,000 despite the ongoing pullback.
Bitcoin Poised For Growth Despite Consolidation
During an interview with CNBC, Scaramucci weighed in on the current state of the Bitcoin market.
“I think what’s happening now is lots of consolidation and institutional adoption. So if you went to a conference like this three years ago, it was mostly retail investors and CEOs working in the layer one blockchain space. Today it’s lots more institutional investors,” the Bitcoin bull said from the Wyoming Blockchain Symposium.
Scaramucci …