News View Non-AMP

Anthony Scaramucci’s Bitcoin Price Prediction & Top 3 Rules for Buying BTC

Published by
Zafar Naik

Bitcoin peaked at $126,198. It is now at $74,631. Anthony Scaramucci bought at $15. He is still buying, and he has a specific date for when things turn around.

Scaramucci, founder and managing partner of SkyBridge Capital, has been one of Wall Street’s most visible Bitcoin advocates through the entire drawdown. In a recent SoFi interview, he laid out why the current correction has not changed his thesis, and when he expects it to end.

Bitcoin Down 40%: Is This a Buy Signal or a Bear Trap?

Scaramucci frames the current drop as entirely normal. Bitcoin peaked above $126,000 in October 2025, driven by regulatory optimism around the CLARITY Act and the GENIUS Act. When that legislation stalled, over-leveraged positions unwound, whales sold, and Bitcoin fell nearly 50% from its high.

“This isn’t the kind of drawdown that’s a warning sign. It’s the price of admission,” he has said.

He has been through ten bear markets in 38 years of investing and he is not selling.

Also Read: Is Bitcoin’s Bear Market Over? Two Analyses, Two Very Different Answers

When Will Bitcoin Recover? Scaramucci Has a Specific Answer

His thesis is built around Bitcoin’s four-year halving cycle. Supply halved roughly two years ago – from 900 coins per day to 450. Historically, cycles run a period of appreciation, then a 30 to 50% correction at the midpoint, then recovery.

“By the fourth quarter of this year, you’ll start to see movement in activity appreciation….consistent with how a traditional Bitcoiner would think about it,” he said. His current price target is $150,000.

Long term, he believes Bitcoin can reach the market capitalisation of gold, roughly $30 trillion, over 10 to 15 years. That would represent approximately a 20x return from current levels.

Why the Next Gen Will Drive Bitcoin to Gold’s Market Cap

His most distinctive argument is generational. Older money still flows to gold when fear hits – proven when gold surged while Bitcoin fell during geopolitical uncertainty in 2025. But Scaramucci argues people currently in their early 30s will be running asset management firms in a decade.

“They’ll see Bitcoin as a digital store of value, easier to move around than gold, lot more transferability, but sort of the same properties and…scarcity of it” he said.

That shift is structural and it does not depend on a single catalyst.

How to Buy Bitcoin in a Bear Market

Do the homework first. Start with a 1 to 2% allocation. Hold for at least four to five years.

“If 100 people do 100 hours of research, 90 to 95 of those people will end up buying Bitcoin,” he said.

The homework, he says, comes before everything else. Conviction cannot be borrowed.

Read More: Is Bitcoin Undervalued Right Now? On-Chain Data Has a Clear Answer

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Zafar Naik

Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

Recent Posts

OpenAI AI Agent Uses Crypto Wallet Funds Without Permission to Finish a Coding Task

An OpenAI research model used cryptocurrency funds from a wallet without the owner's permission to…

October 16, 2026

Bill Morgan Questions Why XRP Critics Spend Hours Spreading FUD

Crypto lawyer Bill Morgan has questioned why people who call XRP a scam or claim…

October 16, 2026

Solana Foundation’s Shanghai Event Cancelled Without Warning On Day Of Launch

The Solana Foundation’s “Solana Accelerate China 2026” event in Shanghai was called off at short…

October 16, 2026

Stacks Q3 Report: 735 BTC Staked As STX Staking Climbs 25%

Bitcoin layer-2 network Stacks said 735 BTC entered its Bitcoin staking system across the first…

October 16, 2026

South Korea Watches Bond And Currency Markets After Stock Rout

South Korea’s Ministry of Economy and Finance said it will track whether the recent stock…

October 16, 2026

Australia Publishes Draft Law To Adopt OECD Crypto Tax Reporting Rules

Australia’s Treasury has released draft legislation to bring the OECD’s Crypto-Asset Reporting Framework (CARF) into…

October 16, 2026