Anthony Scaramucci, founder of SkyBridge Capital, told CNBC that Bitcoin is poised to start a rally in the fourth quarter of 2026 and continue into the first quarter of 2027, marking a new phase in its four‑year market cycle.
Cycle Dynamics and Price Corrections
Scaramucci noted that the current cycle exhibits lower volatility than earlier cycles. Bitcoin retraced roughly 50 % from its recent peak, a softer correction compared with the 60‑70 % pullbacks seen in prior cycles. He linked this moderation to sustained inflows from Bitcoin ETFs and expanding institutional participation.
Investor Sentiment and Market Size
Search volume for Bitcoin on Google has dropped sharply, and retail enthusiasm has faded, according to Scaramucci. He described this waning attention as typical near cycle lows, suggesting that a modest market size allows fresh capital to drive price gains quickly. Scaramucci also confirmed his personal exposure, stating, “I still like it. I own a lot of it.”
Strategic Outlook for Crypto Stakeholders
Scaramucci dismissed criticism of SkyBridge’s sizable Bitcoin position, emphasizing that Michael Saylor’s strong capital access supports confidence in large holdings. He argued that the combination of institutional backing and limited market depth creates a favorable environment for investors seeking upside in the blockchain sector. The forecast points to a potential price surge as new capital enters the crypto market in late 2026.