Just In: Hedge Fund Billionaire Predicts Massive Bitcoin Rally

The geopolitical tensions seem to cool down these days, and this might lead to a massive Bitcoin rally. Check out the latest reports about the path of BTC.

It’s been just reported that SkyBridge Capital founder Anthony Scaramucci says that macroeconomic factors will become more accommodating to Bitcoin. All this would allow BTC to rally to six figures in the coming months.

In an interview with MarketWatch, Scaramucci made sure to explain the fact that historic inflation rates in the US will become “way better” within a year.

He also explained that the current geopolitical tensions that we have seen between Russia and Ukraine would have a limited impact on the global economy in the longer term. He also made sure to cite the multiple sanctions against Russia from the West.

“I predict that these wars will not last that long because of the pain being inflicted in a society with that type of economic crippling…”

He continued and said:

“It’s one thing to put on some mild sanctions here and there, but the West is basically dismantling the infrastructure and the wealth around Vladimir Putin and his inner circle. That is a very big step that the Western democracies are taking.”

Scaramucci also explained that even if the war persists, its effect will probably end up being “less disruptive” from now on.

“This could be an Afghanistan situation for Russia, where it goes on forever, but it will not create supply shocks once the free market system adjusts for it.”

The crypto market seems to be on its way to recovery following multiple price corrections. At the moment of writing this article, BTC and more important digital coins are trading in the green.

Stay tuned for more news and make sure to keep your eyes on the market.