Bitcoin has been going through a turbulent period for several months now. Despite the fall of the flagship crypto asset, Anthony Scaramucci remains the course. For him, the current phase remains normal. He even mentions a simple cycle and is already targeting a recovery of BTC by the end of 2026.
In brief
- Bitcoin is still following its historical cycle despite macro and institutional pressure.
- Scaramucci anticipates a rebound in bitcoin with a potential bull run at the end of 2026.
Bitcoin: a classic correction in a crypto market under pressure
After a high near $126,000, the BTC price plunged towards $60,000. At the time of writing, the queen of cryptocurrencies is trading around $68,000.
This decline fuels doubt within the crypto community. However, Scaramucci speaks of a classic correction. According to him, the bitcoin market still follows the historical cycle. He also cites several interesting facts:
- BTC whales sold around $100,000. A threshold today considered to be a strong psychological level.
- The arrival of Bitcoin ETFs which reduces volatility. The market becomes more stable, but retains its cycles.
- The correlation with the S&P 500 reinforces tensions.
Some are talking about a further drop. THE bear market could thus last several more months. However, phases of extreme fear often precede a rebound.
In this sense, Scaramucci reiterates a key point: the crypto market often acts opposite to the dominant sentiment. Current pessimism could therefore mark a turning point for bitcoin.
An upward cycle expected despite market doubts
During a podcastScaramucci anticipates a return of bitcoin in bull run phase. The target deadline: end of 2026. Its scenario is based on several factors, including the adoption of crypto-assets which continues to progress. According to him, stablecoins also play a key role in supporting market development.
Scaramucci goes even further by even evoking a much higher long-term potential. Enough to strengthen investor interest in BTC.
One thing is certain: bitcoin remains unpredictable. His story shows a capacity to surprise. The coming months could therefore bring a change in trend for the price of BTC. File to follow…
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