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Home»Bitcoin»Bitcoin ETF delay caused ‘price damage’, but 2025 will still be ‘very good year’ – Exec
Bitcoin

Bitcoin ETF delay caused ‘price damage’, but 2025 will still be ‘very good year’ – Exec

2025-02-12No Comments3 Mins Read
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  • Bitcoin recovers somewhat from the impact of the tariff war, with experts optimistic about the 2025 process
  • Scaramucci emphasized institutional interest rate, ETF retractions and the potential $ 200K price target of Bitcoin

Bitcoin [BTC] Recovers steadily from the Bearish Impact of the recent tariff war and recovers some momentum in the market. In realityAt the time of writing, the leading cryptocurrency was traded at $ 97,897.78 after an increase of 0.22% in the last 24 hours, according to Mint market cap.

In the midst of this revival, experts in the industry are optimistic about the BTC process in 2025.

Scaramucci’s bitcoin -prediction

Speaking on CNBC’s Squawk Box, Anthony Scaramucci, founder and managing partner of Skybridge Capital, predict That 2025 years would be a “very good year” for Bitcoin. According to the Exec, Bitcoin’s Per time price of around $ 98,000 was in line with where it “should have been in 2022.”

He further pointed to the approval of a BTC spot ETF in January 2024 as an important milestone. One that he was long late for a long time, because it “should have taken place in the first quarter of 2022.”

Scaramucci attributed the long -term weakness of Bitcoin in 2022 to the delays of the regulations, with the argument that the deferred approval of a place BTC ETF significantly influenced the market sentiment.

He also stated that this setback “caused a lot of price damage”, so Bitcoin would not achieve the expected appreciation. Only in March 2024 did BTC finally exceed $ 60,000, which marked a significant recovery.

See also  Bitcoin: From Price Rise and Cautious Times

Despite the challenges from the past, however, Scaramucci remains optimistic about the current crypto-market landscape, in which the Trump administration is credited to promote “pewlike, decent, central road regulation”.

How have certain delays in development disrupt the growth process of BTC?

That said, Scaramucci now wonders whether institutional investors will make decisive access to the Bitcoin market and call it ‘a real question’. He noted that donations started to allocate funds to BTC, while sovereign wealth funds in the middle already participate, albeit discreet.

Despite this growing interest, his daring predictions of Bitcoin prize remain a topic of debate. For those who were not aware, he had earlier projected A price of $ 175,000 after reducing and now speculates that BTC could reach $ 200,000 this year.

However, fits inaccuracies in his predictions suggest that such predictions must be approached with a pinch of salt.

Thinking about his Bitcoin trip, recognized Scaramucci that his predictions are not always true over the years. He said,

“I started my Bitcoin trip about five years ago … you oscillate between genius and dummy.”

What lies for Bitcoin?

Although the price of Bitcoin looks promising, the MVRV ratio remains a crucial statistics for assessing the health of the BTC. Especially since it offers insights into investor sentiment and potential price movements.

By comparing market capitalization with realized value, it helps to gauge whether Bitcoin is overvalued or undervalued at any time.

Historically, a falling MVRV ratio has often marked attractive access points for long-term investors. However, if this trend persists, this may indicate “persistent market weakness or caution among investors.”

See also  ChatGPT believes Bitcoin will reach $100,000 next year

Previous: Analysis of Tao’s latest outbreak – watch out for these important levels!

Next: Ton for $ 3.80 – undervalued opportunity or a bullfall?

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Bitcoin caused damage Delay ETF exec Good Price Year
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