Both the Founder of SkyBridge Capital and the CEO of Galaxy Digital are bullish on Bitcoin: it may return to $70,000 before July.

Jinse Finance reported that Anthony Scaramucci, founder of SkyBridge Capital, and Mike Novogratz, CEO of Galaxy Digital, stated that Bitcoin, after several months of correction, is once again positioned to rebound and return to $70,000, with a potential time window before the end of July. Anthony Scaramucci pointed out that current market sentiment is clearly bearish, with intensifying signs of investor "fatigue." Such extreme pessimism often approaches a cyclical bottom. In his view, even a mild return of buying interest could trigger a stronger-than-expected price recovery. Mike Novogratz believes that regulatory developments may serve as a crucial catalyst. If the U.S. Congress makes breakthroughs in crypto legislation in the coming weeks, it will significantly improve market expectations. He stated that although disagreements remain regarding ethical provisions and privacy protocols, overall negotiations have narrowed considerably compared to earlier stages.