According to foreign media reports, SkyBridge Capital founder Anthony Scaramucci recently stated in an interview with CNBC that the recent volatility in the crypto market has not changed his assessment of Bitcoin's long-term trend. He believes the current market fervor has clearly subsided, and is more likely a signal that it is approaching a temporary low.
The rebound window is expected to be at the end of 2026.
Scaramucci believes that Bitcoin is still largely following its post-halving four-year cycle. He stated that compared to previous bear markets, this round of market activity has seen increased inflows into spot ETFs and institutional allocation demand, thus potentially providing stronger support at the bottom.
He predicts that the next significant recovery phase may begin in late Q4 2026 or early 2027. The article notes that this judgment is not based on short-term fluctuations, but rather on his observations of historical cycles and current capital structures.
Low attention is seen as a bullish signal
Scaramucci stated that market interest in Bitcoin is currently at a low level. External attention, including Google search activity, has cooled, and investor sentiment is not as active as in previous price surges.
- Google search activity has declined compared to before.
- Market sentiment cooled and speculative fervor subsided.
- When liquidity is tight, even small increases in funds can amplify volatility.
He believes that these "unnoticed" phases have historically occurred more frequently near market bottoms than tops. If market liquidity is thin, even small amounts of new buying can have a more significant impact on prices.
Regarding the risks of holding a Strategy position
Scaramucci disagrees with market concerns about Michael Saylor and Strategy's large Bitcoin holdings. He stated that Strategy still possesses a strong balance sheet and financing capabilities, and can continue to cope with Bitcoin price fluctuations.
In his view, Saylor's long-term holding strategy has not fundamentally changed, and concerns about his financial pressure have been exaggerated.
The macro environment was also taken into account in the assessment.
Scaramucci also noted that if geopolitical tensions ease and oil prices fall, inflationary pressures may ease. If US inflation continues to decline, the Federal Reserve may have more room to cut interest rates, which would support Bitcoin and other risk assets.
The article also mentions that Scaramucci himself still holds a significant portion of his Bitcoin holdings. He describes the current phase as a slowdown in the latter part of the cycle, rather than the end of Bitcoin's long-term growth logic.
