SkyBridge's Scaramucci Predicts $BTC Surpassing $170,000 by 2025

Background:
Scaramucci's bullish prediction comes as Bitcoin experiences significant price movements, with a recent peak above $49,000, and the cryptocurrency world witnessing major regulatory developments like the approval of spot Bitcoin ETFs.

Details:
Anthony Scaramucci of SkyBridge forecasts Bitcoin hitting over $170,000 by 2025, influenced by halving and ETFs.
Bitcoin's expected surge linked to demand from new spot ETFs and April's halving event.
Scaramucci suggests a formula: Bitcoin price at halving multiplied by four could be the value in the next 18 months.
Recent approval for spot Bitcoin ETFs in the U.S. marks a significant regulatory milestone.
SkyBridge, having faced ETF application rejections, now plans a new fund combining crypto tokens and digital asset-focused VC.
Current Bitcoin price fluctuation seen as a temporary shift due to investors moving from Grayscale Bitcoin Trust to new ETFs.