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Scaramucci Lists Five Reasons to Stay Long Bitcoin

Anthony Scaramucci reaffirmed his bullish stance on June 21, citing Bitcoin’s fixed supply, institutional infrastructure built since 2024, and its role as a hedge against currency debasement despite recent leverage-driven selling. The outlook follows weeks of turbulence that included Strategy’s first BTC sale since 2022, record $10.8 billion unrealized losses near $63,000, and $93 million in liquidations. Michael Saylor’s June 15 BTC Prague keynote projected a $7 million peak price, while Standard Chartered maintains its $100,000 year-end target and analysts see 216% upside for MSTR on renewed accumulation. Strategy continues to hold 843,706 BTC.

Category

Bitcoin

Sentiment

Bearish

Event

Forecast

Reading time

1 min