Go offline with the Player FM app!
1007: HEDGE FUND CEO ANTHONY SCARAMUCCI SAYS BITCOIN ALREADY BOTTOMED AND HAS $40K FAIR MARKET VALUE!!
Manage episode 336709118 series 2835096
SkyBridge Capital founder Anthony Scaramucci says that Bitcoin is way below its actual fair value by 70%, and that the bottom is likely already in for the king crypto.
In a new interview with MarketWatch, the veteran hedge fund manager says his firm’s metrics put the current Bitcoin value at roughly $40,000 per coin.
“We believe that the leverage has been blown out of the system. I don’t think it’s going below the low that was reached for this cycle, which would be at around $17,500.
According to our fair market value metrics based on adoption, wallet size, use cases, growth of wallets, we think the fair market value for bitcoin right now is about $40,000.”
Learn more about your ad choices. Visit megaphone.fm/adchoices
1064 episodes
1007: HEDGE FUND CEO ANTHONY SCARAMUCCI SAYS BITCOIN ALREADY BOTTOMED AND HAS $40K FAIR MARKET VALUE!!
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Manage episode 336709118 series 2835096
SkyBridge Capital founder Anthony Scaramucci says that Bitcoin is way below its actual fair value by 70%, and that the bottom is likely already in for the king crypto.
In a new interview with MarketWatch, the veteran hedge fund manager says his firm’s metrics put the current Bitcoin value at roughly $40,000 per coin.
“We believe that the leverage has been blown out of the system. I don’t think it’s going below the low that was reached for this cycle, which would be at around $17,500.
According to our fair market value metrics based on adoption, wallet size, use cases, growth of wallets, we think the fair market value for bitcoin right now is about $40,000.”
Learn more about your ad choices. Visit megaphone.fm/adchoices
1064 episodes
모든 에피소드
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.