Scaramucci Says Bitcoin Apathy Is a Bullish Signal, Expects Rally to Start Late 2026

Crypto markets have been choppy lately, but Anthony Scaramucci remains confident about Bitcoin’s long-term outlook. The SkyBridge Capital founder says recent price swings haven’t changed his bullish view of the asset. 

Speaking with CNBC, Scaramucci also brushed off concerns about Strategy’s massive Bitcoin position, arguing the company remains well-funded. He added that Bitcoin could continue following its historical four-year cycle, with the next major recovery potentially starting in late 2026 or early 2027. 

Meanwhile, a recent peace deal and lower oil prices could help reduce inflation. If inflation falls, the Federal Reserve may cut interest rates, which could support Bitcoin and other risk assets. 

His Views on Bitcoin, Michael Saylor, and the Crypto Market

• “I think Bitcoin starts a rally late in the fourth quarter of 2026 into early 2027.”

Scaramucci said Bitcoin is still tracking its usual post-halving cycle. He noted that ETF inflows and rising institutional interest have provided stronger support than in past bear markets. Because of this, he expects the next major recovery phase could start in late 2026 and continue into 2027. 

• “He’s definitely not in trouble… I like him. I think he’s going to be right.”

When asked about Michael Saylor, Scaramucci dismissed concerns about Strategy’s massive Bitcoin exposure. He said Saylor has a strong balance sheet, access to deep capital markets, and enough financial flexibility to handle further Bitcoin volatility. In his view, Saylor’s long-term Bitcoin strategy remains intact.

• “The apathy is there. No one cares about it anymore.”

He also said market interest is very low right now, which he sees as a bullish sign. Bitcoin searches on Google have dropped, and overall investor hype has cooled. In the past, this kind of low interest has often shown up near market bottoms, not tops. 

• “When you have RSI where it is, apathy where it is, and it’s a thin market… a tiny bit of demand for Bitcoin moves the price.”

With 38 years of investing experience, Scaramucci said Bitcoin is at a stage where even small buying pressure can move prices sharply. Since the market is still small compared to major assets, new demand from institutions or retail investors can quickly drive it higher. 

• “I still like it. I own a lot of it.”

Giving confidence to the traders he said he still owns a good portion of Bitcoin, despite market uncertainty, he remains confident in its long-term outlook. His view is that the current market scenario looks far more like a late-cycle slowdown than the end of Bitcoin’s growth story.