Anthony Scaramucci, founder of SkyBridge Capital, has made a bold prediction about the future of Bitcoin's price. In an interview with a financial publication, he stated that the cryptocurrency will begin its next rally in the fourth quarter of 2026, aligning with the traditional four-year cycle pattern.
According to Scaramucci, the current correction is simply a 'garden variety' adjustment, rather than a sign that the cycle has broken. He pointed out that institutional buying through BlackRock and Fidelity's spot Bitcoin ETFs has helped to mitigate downside risks.
The prediction comes as the crypto market experiences selling pressure due to escalating tensions between the US and Iran. The Strait of Hormuz is at the center of the conflict, with both sides threatening to disrupt global energy supplies. As a result, Bitcoin's price has dropped below $68,000, but Scaramucci remains bullish in the long term.