Anthony Scaramucci recently predicted the growth of bitcoin to $100,000. According to him, the cryptocurrency could reach this mark by the end of 2024.
Katie Stockton, founder of investment firm Fairlead Strategies, also believes that BTC will be in a phase of turbulence in the second half of 2024.
However, if Anthony Scaramucci also bets on an increase in the value of the digital currency, the founder of Fairlead Strategies does not rule out its short-term fall to $51,000. In a CNBC broadcast, Katie Stockton said that the recent bitcoin failure was caused by panic among investors.
They were frightened by the massive influx of BTC into exchanges for sale after Mt. Gpx customers get their coins back. Several phases of volatility are expected in the second half of the year, which may be followed by periods of correction.
If a dip to $40,000 takes place, the market could face big problems, although analysts at Fairlead Strategies doubt that such a painful pullback is possible. Most investors are not interested in it.