SkyBridge Capital founder Anthony Scaramucci said on Tuesday that Bitcoin (CRYPTO: BTC) appears to be following its typical four-year cycle and may be nearing a bottom.
Scaramucci Thinks 4-Year Cycle Is Playing Out During a conversation with Galaxy Digital CEO Mike Novogratz, Scaramucci said that he remains a "long-term believer" in Bitcoin and believes the asset is following its four-year cycle of accumulation, a bull run and a subsequent bear market.
Scaramucci described the situation as a "self-fulfilling prophecy," where traders take the cue and start selling to match the expectations.
"So, if the four-year cycle theory holds, Bitcoin doesn't recover until the early part of the fourth quarter of 2026, possibly into the first quarter of 2027," he added.
What makes investing so hard is that it constantly makes you feel less smart says @novogratzNovo told people for years — the greatest lesson an investor must learn is gentleness.How to forgive yourself for the idiot mistakes because you're going to make them.All of us do.… pic.twitter.com/7cCDfgq4Eo— Anthony Scaramucci (@Scaramucci) June 9, 2026 Why Scaramucci Thinks BTC Could Bounce Scaramucci said he's tracking the Relative Strength Index, a widely used technical indicator that suggests Bitcoin may be nearing a bottom.
