Crypto bull Anthony Scaramucci, managing partner of SkyBridge Capital and former White House communications director for the Trump administration called 2023 a “recovery year” for Bitcoin (BTC) and predicted it could trade at $50,000 to $100,000 in two to three years.

“You are taking on risk but you’re also believing in [Bitcoin] adoption. So if we get the adoption right, and I believe we will, this could easily be a fifty to one hundred thousand dollar asset over the next two to three years,” Scaramucci said.

Learn more about your ad choices. Visit megaphone.fm/adchoices