With the growing institutional interest, Scaramucci expressed confidence that Bitcoin will be a “very strong asset class over the next decade.”
When asked if his investment comes late, Scaramucci replied “For us, I don’t think it’s late. If anything, it’s the first inning. You’re about to see that wave of early adoption by the institutional community. I’d like to get our investors involved before that goes into full throttle.”
Meanwhile, Cointelegraph Markets analyst Michael van de Poppe predicted that Bitcoin’s next wave of price increase could be around the $40,000 level. He tweeted:
#Bitcoin breaking upwards even more as it’s approaching my second Fibonacci point of interest around $25,800.
The higher we go, the higher the next impulse move will bring us.
If $25,800 is this temporary top, next impulse could bring $BTC towards $40,000+. pic.twitter.com/CrcrUwVLXN
— Michaël van de Poppe (@CryptoMichNL) December 26, 2020
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