Will Bitcoin explode on approval?

There are differing opinions in the industry as to how these approvals will affect the market price. For example, analysts at JPMorgan have predicted that the price of Bitcoin could even fall slightly after the approvals. According to them, prices are already recorded in the market, as investors have acquired their BTC prior to approvals.

However, Bitcoin maxi Michael Saylor disagrees as he predicted a historic bull run.

It is in this context that Anthony Scaramucci expresses himself on this subject. Based on his recent interview on CNBC, he states that Bitcoin is surpassing its ATH, although he doesn't know "when."

"If you ask me again in a year or so, I think we'll have passed the HUD. but I'm still cautious with my predictions now because I haven't always been successful with my previous ones," says Anthony.

In opposition to JPMorgan, he also said, in an interview with TheBlock, that the prices have not yet been fully recorded. According to him, ETFs could bring people who were previously reluctant to invest in the parent crypto.

He adds that they are also investing in other projects such as Ethereum, Solana and Algorand.