At the Davos Forum in Switzerland, SkyBridge Capital founder Scaramucci recently shared his views on Bitcoin. Although Bitcoin's price has significantly retreated from the all-time high set last year, he believes this does not affect Bitcoin's long-term prospects—the fundamentals haven't really changed, and the market is currently experiencing a consolidation phase.



Regarding the future trend, Scaramucci has set a target range of to @E1@ USD. While this price range is still some distance from the current level, he remains cautiously optimistic about this year's market performance. Notably, he publicly predicted last year that Bitcoin would surge to @E2@ USD by the end of 2025—this more aggressive target carries some uncertainty, but it reflects his overall bullish outlook on Bitcoin's medium to long-term trajectory.

From these comments, it appears that institutional investors' attitudes toward Bitcoin have not changed due to the price correction; instead, they view the volatility as a normal market consolidation process.
BTC-1,5%
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TommyTeachervip
· 01-21 07:31
Consolidation? Sounds nice, but I think it's just a dump. How is Scaramucci so confident? He calls for new highs every year, and this year he wants to push to 150,000? I just want to know how big his position is. Institutional talk is all the same, volatility = opportunity, a dip = a good time to buy the bottom. After all these years, I haven't seen many who can accurately buy the bottom. From 12.5K to 15K? How was this range decided? Feels like just leaving an escape pod for himself. Did he really aim for 170,000 last year or not? My memory isn't that good. No matter what he says, I'm still holding, anyway I can't afford to lose anymore haha. This set of institutional rhetoric is really brilliant. When the price goes up, the fundamentals are good; when the price drops, the fundamentals haven't changed. So when will the fundamentals actually change?
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GasFeeNightmarevip
· 01-21 02:53
Consolidation? That word is as illusory to me as staying up late to check the gas tracker... Anyway, I have no money to participate in this wave anymore, saving money until bankruptcy. It dropped so much but still dares to shout 170,000. Either you truly believe or it's pure gambling. I bet they are betting on our panic. 12.5 to 150,000? Forget it, I’ll just keep trading during low gas periods. Saving a few bucks is more reliable than chasing such targets. The institutions say the fundamentals haven't changed. I just want to ask—how did my principal just disappear?
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MEVSandwichvip
· 01-21 02:45
Consolidation is just consolidation, anyway the institutions haven't left, so let's not panic. Is Scaramucci always this optimistic? He dares to talk about 170,000... Again between 125,000 and 150,000, this range is quite broad. The reason that the fundamentals haven't changed has been heard quite a few times, but it does make some sense. If the institutions are still buying, retail investors following the bottoming won't lose out.
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MetaNomadvip
· 01-21 02:44
Just consolidate if you want, anyway Scar never shorts, as long as I can make some profit later.
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AllInDaddyvip
· 01-21 02:31
12.5 to 150,000? Bro, you’re not bragging this time. --- Just consolidation, anyway I’m holding tight and not letting go. --- As long as the fundamentals haven’t changed, I’ll keep going all-in. --- Institutions are so optimistic, what are retail investors afraid of... No, wait, I am a retail investor. --- I choose to believe the 170,000 prediction; anyway, I can wait. --- It’s the same old story, let’s wait and see. --- Only veterans dare to say 150,000, I truly believe in this wave. --- The consolidation period is a good time to buy the dip. Have you decided how to operate? --- This guy is always so optimistic, but what’s the result? --- Anyway, institutions haven’t run away, so why should we panic first?
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