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SkyBridge Capital Founder: Catalyst for BTC to Return to $100,000 May Still Be 20 Months Away.
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According to ChainCatcher, citing Yahoo Finance, SkyBridge Capital founder Anthony Scaramucci stated in a CNBC interview that Bitcoin's current narrow trading range stems from three factors: miners shifting resources to AI, capital inflows into AI investments, and the cryptocurrency's position within a four-year market cycle. He still expects Bitcoin to reach $100,000, but the next catalyst may not be available for another 20 months. He noted th…
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