Anthony Scaramucci Believes Bitcoin Will See a Bullish Trend Next 10 Years

SkyBridge Capital founder Anthony Scaramucci declared at the Messari Mainnet conference in New York that the digital asset bear market has reached its lowest point.

As reported by Markets Insider, Scaramucci advises holders of Bitcoin to hold onto their coins, stating that they have already endured the worst part of the market.

He predicts that the next two decades will see significant bullish growth. Scaramucci believes that the younger generation will drive the cryptocurrency market to the mainstream, much like how the internet revolutionized the world.

However, the investor also acknowledged the challenges facing Bitcoin, such as high interest rates and negative attitudes from SEC Commissioner Gary Gensler.

Scaramucci remains confident in the potential of Bitcoin, stating that it offers more promise than traditional assets like gold. He believes that the widespread adoption of Bitcoin ETFs will further propel the market.