Bitcoin’s Recovery: Delayed Until October? Scaramucci’s Surprising Take!

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Anthony Scaramucci, a man whose wisdom is as enduring as the four-year cycle of Bitcoin, declared that the digital asset’s recovery may not arrive until October or November. One might imagine him sipping tea in a dimly lit study, pondering the universe’s cruel joke: a cryptocurrency that dances to the tune of market whims, yet clings stubbornly to its cyclical rituals.

Speaking on the Thinking Crypto podcast, Scaramucci likened the market’s woes to a traditional bear phase, a tale as old as time. He mused that while Washington’s regulatory landscape has grown slightly more hospitable, the true villains remain the whales and long-time holders, who continue to sell into ETF-driven demand as if they were actors in a tragic play, forever fulfilling their roles.

“I’m old school,” he said, as if confessing to a lifelong addiction to the four-year cycle. “You’ve crossed the halfway mark of the halving, and now you’re on your way to the back half of this thing. You typically don’t get any type of real recovery until the first quarter of next year.” One wonders if he’s ever considered a career in prophecy.

Scaramucci noted that macro factors, including President Trump’s tariff-related messaging and geopolitical conflict, have slightly accelerated Bitcoin’s timeline. Yet, he insisted, the asset has remained “fairly sticky” during war periods-a testament to its resilience, or perhaps its stubbornness.

“You probably won’t see a recovery in Bitcoin until maybe the first month of the last quarter,” he said, as if announcing a date for a social gathering. October or November, he suggested, might be more realistic. A man of precise timing, indeed.

Why Bitcoin ETF Demand Has Not Been Enough

The market’s frustration is palpable: why, with a pro-crypto administration and institutional ETF access, has Bitcoin failed to soar? Scaramucci’s answer lies in supply. New buyers, including “boomers” lured by traditional brokerage channels, have flooded the market, but their demand is met by the relentless selling of whales, who act as if they’ve read the script of the four-year cycle.

“You’re still seeing a lot of Bitcoin buying. A lot of boomers are buying Bitcoin, but it’s just not enough,” he said. “The OGs believe in the four-year cycle, and so they fulfill the prophecy by selling.” One might say they’re playing their part in a drama as old as time.

Scaramucci criticized the whales for “pumping lots of coins into the supply at around $100,000,” which, in his view, contributed to Bitcoin’s descent into the high $60,000s. A masterclass in irony, if ever there was one.

He tied Bitcoin’s next phase of adoption to US market-structure legislation, particularly the Clarity Act. “If you don’t get the Clarity Act passed, you’re not going to get the banks to really open up,” he warned. A reminder that even in the digital age, bureaucracy remains a formidable foe.

Scaramucci also lamented the political dynamics around stablecoin yield and crypto legislation, calling out banks for their entrenched positions. “I’m a little bit more practical,” he said. “I would have tried to get something done and not made the perfect deal the enemy of progress.” A sentiment as timeless as the bear market itself.

Bitcoin Reserve Debate Still Politicized

On the question of whether the US government should hold Bitcoin in strategic reserves, Scaramucci offered a cautious yes, but only if the issue could transcend partisan framing. “It’s very hard to hold Bitcoin in a strategic reserve if it’s a partisan issue,” he said. One might imagine him sighing, as if the weight of politics were a burden too great to bear.

He advocated for a measured approach, favoring the retention of government-held Bitcoin from legal actions rather than selling. “I’m unsure whether the US government has completed an audit of its Bitcoin holdings,” he admitted, a statement as cryptic as the asset itself.

At press time, BTC traded at $77,844-a number that, to Scaramucci, may as well be a riddle waiting to be solved.

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2026-04-24 13:12