Anthony Scaramucci, predicts Bitcoin can reach $170k

What is the next Bitcoin? in this video we discover Hedge fund manager Anthony Scaramucci forecast Bitcoin price in 2025.

Bitcoin price today $42,850.13 fell 0.12% according Coinmarketcap data

The Bitcoin news quoting from TokenInsight, Bitcoin ETFs' massive trading volume was around $10 billion in their first three days on the market, with Grayscale leading the way.

On the other hand, Hedge fund manager Anthony Scaramucci, predicts Bitcoin can reach $170k in 2025, the reason is Halving events and the introduction of ETFs key to this growth quoting from Crypto News Land

Bitcoin today analysis through Ticktrader terminal FXOpen, BTCUSD movements in general are still in the $43k and $40k range. Today BTCUSD tried to rise and formed a bullish candle. However, market sentiment still seems to have not brought the price of bitcoin to cross the Bollinger band squeeze.

On the daily timeframe, BTCUSD moves between the lower and middle band lines on Ticktrader FXOpen. Here the Bollinger bands still form a flat channel and the bands are medium distance. MA 50 forms a flat channel near the price. On the other hand, the RSI shows level 48, meaning the price is below the downtrend level.

In the H1 timeframe, BTCUSD is moving in a range with a swing high of $43k and a swing low of $40k, now the price is in the resistance zone near the upper band line, a break of the upper band allows Bitcoin to rise higher if there is an increase in volume. Here the MA 50 forms a flat channel near the price, meaning the market trend is flat. On the other hand, the RSI shows level 56, meaning the price is above the uptrend level.