Anthony Scaramucci, founder of SkyBridge Capital, believes the current Bitcoin bear market could be a sign of strength. During a conversation with CNBC’s Andrew Ross Sorkin at the Wyoming Blockchain Symposium, he noted that the current decline is only 55%, far less than the 75-80% drops seen in previous bear cycles. This relative resilience suggests significant net buying ahead of the next bull phase. Scaramucci expects the next halving, expected in about 18 to 19 months, to tighten Bitcoin’s supply and push the price back above the $100,000 level.
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