$150K Ahead? 🚀 – CEO Shrugs Off September Crash for Bitcoin
koinmilyoner
Updated at: 2 hours ago
{"content":"$150K Ahead? 🚀 – CEO Shrugs Off September Crash for Bitcoin
The Bitcoin price is plunging again in September, but SkyBridge CEO Anthony Scaramucci maintains it's not a collapse. On CNBC Squawk Box, he said the present slump is part of an annual cycle. Bitcoin's CEO says short-term volatility don't affect the big picture. Scaramucci remains positive and predicts the same.
Scaramucci Calls September Bitcoin Weakness Seasonal
Anthony Scaramucci thinks Bitcoin and other cryptocurrency companies have struggled in September. He said, “September lows are typical.” He said part of the selling is to pay taxes, while others are taking profits following big increases in recent months. Because of this, he does not consider Bitcoin's present weakness a warning indicator.
Scaramucci said the Bitcoin price dropped three to four percent, but this was “typical volatility.” According to him, crypto market movements of this scale are common and should not deter investors.
He also noted that Bitcoin has been around for 15 years and that September regularly sees price drops. According to him, this proves that the present is a repeat of the past. Scaramucci wants investors to realize the decrease is seasonal and not a disaster.
SkyBridge CEO Keeps 2025 Bitcoin Goal at $150,000
Scaramucci said the global investment company still expects the digital asset will reach $150,000 by 2025, despite September's decline.
The SkyBridge CEO believes Bitcoin's long-term trend will lead to much higher heights. He thinks substantial purchasing happens in the latter two months of the year.
Scaramucci said that Bitcoin remained popular. He anticipates purchasers to return in significant numbers after the winter slump, since many individuals are waiting for the ideal moment to buy.
The SkyBridge CEO said that the slowdown did not alter the trend. He termed it a little vacation after months of progress.
#MarketPullback #AltcoinStrategicReserves #FedRateCut25bps #Write2Earn #BTC $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/23/843311532f894e53bdba50406bd2f1c1.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}