SkyBridge Founder Predicts Bitcoin Price to Rise in Q4 2026

ChainCatcher reports that Anthony Scaramucci, founder of SkyBridge, says the current Bitcoin bear market can be explained by the four-year cycle theory and long-term holders selling at the $100,000 psychological level. He notes that while institutional investors and Bitcoin ETF inflows have made the four-year cycle “milder,” they have not eliminated the traditional cycle entirely; the shared belief among market participants can create a self-fulfilling prophecy. He predicts that Bitcoin will remain range-bound for most of 2026, with a new bull market rally beginning only in the fourth quarter. Scaramucci says that market participants, including himself, had widely expected Bitcoin to reach $150,000 in 2025, driven by Trump’s pro-crypto agenda and a more favorable regulatory environment—but the market crash in October completely shattered this consensus. He cites Bitcoin’s price action following the FTX collapse in November 2022 and its recovery in early 2023 as an example of how markets often move contrary to prevailing sentiment: bull markets typically begin during periods of “extreme apathy and lack of interest.” He views the current bear market as a “typical” correction consistent with past pullbacks.