SkyBridge Bitcoin bullish target by year-end

I note that Anthony Scaramucci of SkyBridge continues to target Bitcoin at $180,000–$200,000 by year-end. I’ll weigh this bullish outlook against current price action and macro signals to gauge where BTC could top this year.

My view is that BTC’s potential top this year depends on macro liquidity, institutional adoption, and ongoing demand from risk-based allocators. If inflation cools and the US dollar stabilizes, the path toward the upper end of that target remains plausible, but I’d watch for signs of a fading rally and rising volatility that could cap gains near psychological levels or major resistance zones.

Key catalysts to monitor include ETF approvals or inflows, progression in institutional custody and funds under management, and any regulatory clarity that could sway investor sentiment. Conversely, macro shocks, regulatory crackdowns, or stronger than anticipated USD strength could derail the breakout and produce a quicker pullback.

Overall, I’d maintain a constructive but cautious stance on BTC, recognizing the optimistic target while acknowledging risks that could limit momentum in the near term.