Anthony Scaramucci – the founder of SkyBridge Capital and former White House official – believes “we’re through” the crypto bear market.

He also praised bitcoin’s performance over the years, saying it’s the best long-term investment tool. 

Time for a Market Surge?

In a recent interview for Yahoo Finance, Scaramucci said the prolonged cryptocurrency winter, which saw numerous scandals, collapses, and market decline, could be already behind us. He went further advising investors to keep their trust in Bitcoin, predicting its price could soar in the following months:

“Bitcoin’s up around 70% on the year, and I don’t think it’s time to take chips off the table. If anything, I think this is the beginning of a new era for bitcoin and other cryptocurrencies, and we’ll remain patient, and we’ll remain disciplined through the approach that we have had for the last 20 years, which is to make a macro bet: sit patiently and take the heat from the pundits and the critics.”

Scaramucci also joined Cathie Wood’s prediction that the primary cryptocurrency could skyrocket to $1 million by 2030. He praised it as the best investment instrument that people could choose when investing in the long run:

“But any time that you’ve held Bitcoin in a four-year rolling interval, so you pick the day, hold it for four years, you’ve outp