Anthony Scaramucci Sees a Bitcoin Bottom as Retail Interest Fades
Bitcoin may look boring right now, and Anthony Scaramucci thinks that could be the point. The long-time Bitcoin bull says weak sentiment, low search interest, and sluggish momentum may be less of a warning sign and more of a classic cycle setup.
- Scaramucci remains bullish and says he still owns “a lot” of Bitcoin.
- Retail apathy and weak sentiment are being read as possible signs of price exhaustion.
- He sees a rally window in late Q4 2026 into early 2027.
- RSI alone is not enough to confirm a durable bottom.
- ETF inflows, macro shifts, and institutional buying could fuel the next upside move.
Scaramucci, founder of SkyBridge Capital and one of Wall Street’s more visible Bitcoin advocates, is not backing away from the asset just because the crowd looks sleepy. “I still like it. I own a lot of it.” he said, signaling that his conviction has not cracked despite the market’s current lack of fireworks.
His view follows a familiar crypto pattern: when almost nobody cares, that is often when the groundwork for the next major move begins. Not always, of course. Crypto loves making people look clever right before it makes them look stupid. But apathy, at least historically, has often shown up near periods of accumulation rather than euphoria.
Scaramucci also floated a longer timeline for the next big Bitcoin rally, saying, “I think Bitcoin starts to rally late in the 4th quarter of 2026 into early 2027.” That is a market view, not a prophecy carved into granite. Still, it frames the conversation around a longer cycle instead of the usual casino-grade day-trader chatter that passes for analysis on crypto social media.
His reasoning is straightforward. Retail attention is weak. Search interest is soft. Sentiment is depressed. Momentum looks tired. In other words, the market does not exactly look like it’s preparing for a victory parade. For some bulls, that is precisely the attraction.
One of the key signals Scaramucci pointed to is RSI, or Relative Strength Index, a momentum gauge traders use to judge whether an asset may be overbought or oversold. A low RSI can suggest that sellers have pushed an asset down hard and may be running out of steam. That can support a cycle-bottom thesis. It does not confirm one.
The nuance matters. Bitcoin’s weekly RSI may be weak, but it is not necessarily at an all-time low. Earlier bear markets, including 2018, saw even deeper readings. So while low RSI may fit the broader picture of a washed-out market, it is not some magical “buy here, get rich later” stamp from the heavens. Traders who treat one indicator like gospel usually end up donating liquidity to somebody sharper.
That is why serious market participants usually look for confirmation from multiple angles:
- Price structure — is Bitcoin forming higher lows or still leaking lower?
- Volume — are buyers showing up with conviction or just making noise?
- Realized volatility — is the market calming down or still whipping around?
- Liquidity — is capital available to support a move higher?
- On-chain accumulation — are long-term holders stacking or distributing?
On-chain accumulation simply means watching blockchain data to see whether Bitcoin is moving into stronger hands, such as long-term holders, instead of being dumped quickly. It is one of the better ways to judge whether a quiet market is actually being built under the surface or just sitting there doing nothing.
That distinction is huge. Low retail interest can be bullish, but it can also be a sign of a market that is still dead money. Bitcoin has a nasty habit of staying dull longer than hopeful bulls expect. Apathy can be a sign of exhaustion, or it can just be boredom before another leg down. The market does not care which narrative sounds cleaner.
Potential catalysts for a stronger Bitcoin price move are still on the table. ETF inflows — meaning money flowing into Bitcoin exchange-traded funds — could provide a fresh source of demand. A friendlier macro backdrop, weaker dollar, and renewed institutional buying could also help. That matters because Bitcoin does not rise on vibes alone. It rises when actual capital shows up.
Prediction markets and broader sentiment gauges may also be worth watching, but they should be treated as signals, not crystal balls. Bitcoin’s next rally is more likely to be driven by a combination of structural demand and improving macro conditions than by some dramatic overnight epiphany from retail traders suddenly rediscovering their app passwords.
Scaramucci also addressed Michael Saylor, another major Bitcoin advocate, and brushed aside any concern about his position. “Is Michael (Saylor) in trouble? He’s definitely not in trouble…I like it. I like him.” That response reinforces the broader message: committed Bitcoin bulls are not shaken easily, especially when the market is quiet and the crowd is distracted by the next shiny thing.
Still, a devil’s advocate view deserves equal airtime. Weak interest is not automatically a bullish omen. If macro conditions deteriorate, ETF flows slow, or institutional demand cools, Bitcoin could stay range-bound or drift lower for much longer than impatient traders can tolerate. Low search interest can mark a bottom — or it can mark a long, miserable stretch where nobody shows up to the party.
That is what makes Bitcoin cycle analysis so tricky. The same signals that appear at major lows can also appear in the middle of a dead zone. The market loves punishing certainty. It especially enjoys embarrassing people who declare every quiet spell to be the bottom with the confidence of a man yelling “I’m all in” right before the rug gets yanked.
Key questions and takeaways
-
Is Anthony Scaramucci still bullish on Bitcoin?
Yes. He said he still owns “a lot” of Bitcoin and remains constructive on its long-term outlook. -
Why does Scaramucci think Bitcoin may be near a bottom?
He points to weak sentiment, low search interest, retail apathy, and soft momentum as signs of a washed-out market. -
Does low RSI prove a Bitcoin bottom?
No. RSI can support the case for a cycle bottom, but it needs confirmation from price action, volume, liquidity, and on-chain data. -
When does he think Bitcoin could rally again?
He suggested late Q4 2026 into early 2027 as a possible rally window. -
What could push Bitcoin higher next?
ETF inflows, a weaker dollar, improved macro conditions, and renewed institutional buying could all act as catalysts. -
What is the biggest risk to this bullish view?
Low interest and weak momentum can persist much longer than bulls expect, and Bitcoin can stay stuck longer than anyone wants to admit.
The takeaway is simple: Bitcoin boredom can be bullish, but only if the market eventually proves it. Until then, RSI is just one piece of the puzzle, not a divine commandment. The smarter move is to watch for confirmation, track ETF flows and on-chain accumulation, and remember that the market has no problem turning confident bottom-callers into cautionary tales.
