Bitcoin price tumbles below $68K again after US President Trump threatens to bomb Iran’s power plants. Anthony Scaramucci dismisses claims by experts such as Tom Lee, Cathie Wood, and Arthur Hayes that BTC‘s 4-year cycle is broken. He also predicted when the bear market would end and Bitcoin price rally may begin.
Anthony Scaramucci Says BTC 4-Year Cycle Remains Intact
Anthony Scaramucci, SkyBridge Capital founder and a prominent Bitcoin advocate, quoted the current Bitcoin price action as a “garden variety” correction in an interview with The Wolf of All Streets. While institutional buying through BlackRock and Fidelity spot Bitcoin ETFs softened downside risks, he believes the 4-year cycle pattern is still ongoing.
OG whales, long-term holders, and miners sold BTC near $100K, in line with the traditional 4-year cycle, contributed to this self-fulfilling, choppy Bitcoin price action.
“We’re in a four-year cycle, and there were some traditional whales, some OG’s, that believe in the four-year cycle, and guess what happens in life when you believe in something? You create a self-fulfilling prophecy.”
Anthony Scaramucci Predicts Bitcoin Price Rally Starting Q4 2026
Anthony Scaramucci predicts that Bitcoin price should begin to rally in Q4 2026. “We’re going to chop for a while. But by the fourth quarter of this year, you’ll start to see the traditional move,” he stated. This timeline aligns with the post-halving BTC cycle dynamics.
He said “We’re getting to close to the bottom,” highlighting extreme fear in the crypto market. He also added the CLARITY Act, tokenization and stablecoins adoption, and bank custody for crypto assets as other catalysts.
Anthony Scaramucci remains highly bullish for a longer-term target of $1 million, viewing Bitcoin as undervalued relative to assets like gold. As CoinGape reported recently, he confirmed that SkyBridge is buying Bitcoin at dips.
Anthony @Scaramucci on $BTC: “We’re getting to close to the bottom.” pic.twitter.com/WmQmjDFei3
— The Wolf Of All Streets (@scottmelker) March 23, 2026
Bitcoin Price Risks Falling as US-Iran War Escalates
Bitcoin price is currently trading under pressure at $68,617 after Trump threatened to obliterate Iranian power plants if the Strait of Hormuz is not opened “within 48 hours.”
Iran responded, threatening to “completely close” the Strait of Hormuz and hit Gulf energy and water infrastructure across the Middle East. With the US-Iran war now entering its fourth week, the broader crypto market is under selling pressure.
Bitcoin is moving in correlation with the US stock markets amid Fed rate hike concerns, with a 24-hour low and high of $67,372 and $69,346, respectively. Furthermore, trading volume has increased by 13% in the last 24 hours, indicating a rise in interest among traders.