Scaramucci Says Bitcoin’s Four-Year Cycle Endures, Eyes Q4 2026 Turn
He frames the drop as a routine cycle shaped by profit-taking, with ETFs muting volatility.
Overview
- Bitcoin fell from an all-time high near $126,000 to about $60,000 after heavy selling clustered around the $100,000 level.
- U.S. spot Bitcoin ETFs saw roughly $2 billion in net inflows over the past four weeks despite the price retreat.
- Speaking on Scott Melker’s podcast, Scaramucci said institutional participation is smoothing swings without disrupting Bitcoin’s cyclical pattern.
- Cross-asset pressure intensified as the S&P 500 slid 1.3% and closed below its 200-day moving average, a key trend gauge for equities.
- Analysts warn that if the equity correlation holds and Middle East tensions persist, Bitcoin could drop as much as another 50% this year.