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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.
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