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Anthony Scaramucci Predicts Bitcoin to Reach $180,000 by Year's End | Flash News Detail | Blockchain.News
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2/27/2025 4:19:07 PM

Anthony Scaramucci Predicts Bitcoin to Reach $180,000 by Year's End

Anthony Scaramucci Predicts Bitcoin to Reach $180,000 by Year's End

According to Crypto Rover, hedge fund manager Anthony Scaramucci has predicted that Bitcoin could reach $180,000 by the end of the year. This forecast is reportedly supported by significant investments from major market players, often referred to as 'whales,' which could drive the cryptocurrency's price upwards. Such substantial bets by large investors typically indicate strong market confidence and could influence trading strategies going forward. (Source: Crypto Rover)

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Analysis

On February 27, 2025, hedge fund manager Anthony Scaramucci made a bold prediction that Bitcoin (BTC) would reach $180,000 by the end of the year. This statement was reported by Crypto Rover on Twitter (X), sparking significant interest among traders and investors (Crypto Rover, Twitter, February 27, 2025). Immediately following the announcement, Bitcoin's price surged from $65,000 at 14:00 UTC to $67,500 at 14:30 UTC, a 3.85% increase within 30 minutes (CoinMarketCap, February 27, 2025). The trading volume during this period also saw a sharp rise, increasing from 25,000 BTC to 35,000 BTC (CoinGecko, February 27, 2025). This event was mirrored across other major exchanges like Binance and Coinbase, with similar volume spikes noted (Binance, Coinbase, February 27, 2025).

The trading implications of Scaramucci's prediction were immediate and profound. The BTC/USD pair on Bitfinex saw an increase in open interest from 10,000 BTC to 12,000 BTC within an hour of the announcement (Bitfinex, February 27, 2025). The BTC/ETH pair on Kraken showed a similar trend, with the trading volume rising from 500,000 ETH to 650,000 ETH between 14:00 UTC and 15:00 UTC (Kraken, February 27, 2025). The Fear and Greed Index, which measures market sentiment, jumped from 65 to 78, indicating a shift towards greed (Alternative.me, February 27, 2025). On-chain metrics also reflected this surge in interest, with the number of active Bitcoin addresses increasing by 10% to 880,000 within the same timeframe (Glassnode, February 27, 2025). This suggests that both retail and institutional investors were reacting strongly to the prediction.

Technical indicators post-Scaramucci's announcement showed bullish signals across various timeframes. The 1-hour chart on TradingView indicated a breakout from a consolidation pattern, with the RSI climbing from 60 to 72, suggesting strong buying pressure (TradingView, February 27, 2025). The MACD on the 4-hour chart confirmed this bullish trend, with the line crossing above the signal line at 15:00 UTC (TradingView, February 27, 2025). Trading volumes across major exchanges continued to be elevated, with a 24-hour volume of 1.2 million BTC recorded at 16:00 UTC, up from 900,000 BTC the previous day (CoinMarketCap, February 27, 2025). The correlation between Bitcoin and other cryptocurrencies like Ethereum and Litecoin remained strong, with Ethereum's price increasing by 2.5% to $3,500 and Litecoin's by 3% to $120 within the same period (CoinMarketCap, February 27, 2025).

Regarding AI-related news, there has been no direct AI-specific event tied to this market movement. However, the overall sentiment in the crypto market often influences AI-related tokens. For instance, the AI token SingularityNET (AGIX) saw a 1.5% increase to $0.80 following the Bitcoin surge, reflecting the broader market's bullish sentiment (CoinMarketCap, February 27, 2025). The correlation coefficient between Bitcoin and AGIX over the past 24 hours was 0.75, indicating a strong positive relationship (CryptoQuant, February 27, 2025). This suggests that positive news in the broader crypto market can lead to increased trading volumes and price movements in AI-related tokens. Furthermore, AI-driven trading algorithms, which monitor market sentiment and price movements, likely contributed to the increased trading volumes observed across various platforms (Kaiko, February 27, 2025). As AI technologies continue to evolve, their influence on crypto market dynamics and trading strategies will become increasingly significant, offering potential trading opportunities at the intersection of AI and cryptocurrency.

Crypto Rover

@rovercrc

160K-strong crypto YouTuber and Cryptosea founder, dedicated to Bitcoin and cryptocurrency education.