Anthony Scaramucci says crypto is clearly in a bear market, but he believes this is the phase to accumulate Bitcoin, not panic sell. With Bitcoin down nearly 46% from its peak near $126,000, he argues that demographic shifts and institutional hesitation are driving the slowdown, not a broken crypto thesis. His advice is simple: accumulate, do not speculate. According to him, long term investors should focus on building positions instead of trying to perfectly time the bottom.
Introduction: Is This Crypto Bear Market a Threat or an Opportunity?
SkyBridge Capital founder Anthony Scaramucci has publicly acknowledged what many investors already feel: crypto is in a bear market. Bitcoin has fallen sharply from its October 2025 high near $126,000, dragging the broader crypto market down by trillions of dollars.
Yet Scaramucci insists the real question is not whether crypto will recover, but how long this downturn will last. He sees the decline as a reflection of generational capital flows and regulatory delays rather than a collapse of digital assets. His message to investors is clear and consistent: build positions steadily and stay patient.
Latest Update
- Bitcoin has declined roughly 46% from its peak near $126,000, fueling renewed debate over whether the crypto bear market is nearing its end. Analysts are closely tracking institutional inflows and ETF demand for signs of stabilization.
- At Consensus Hong Kong 2026, Scaramucci stated the bear cycle may be two thirds complete. He pointed to the Crypto Fear and Greed Index reading of 5 out of 100 as a contrarian buying signal.
- The CLARITY Act remains stalled in the Senate amid disagreements between regulators. Market participants believe regulatory clarity could unlock significant institutional capital.
- Gold and silver have seen renewed interest among older institutional investors, highlighting what Scaramucci describes as a generational capital divide between traditional and digital assets.
Why Does Scaramucci Say Crypto Is in a Bear Market?
Scaramucci believes crypto is in a bear market because prices have fallen sharply, investor sentiment is extremely low, and institutional capital is moving cautiously. However, he does not see this as a structural failure of Bitcoin. Instead, he views it as a temporary cycle driven by demographics and broader market anxiety.
Bitcoin has dropped approximately 46% from its October peak of nearly $126,000. That scale of correction meets the traditional definition of a bear market, which typically involves a decline of 20% or more from recent highs.
But Scaramucci argues that fear itself does not mark the end of a bear market. He says downturns end when participants lose emotional energy and selling pressure simply fades.
Key factors he identifies:
- Muted institutional participation
- Whale selling pressure underestimated in earlier forecasts
- Delayed regulatory clarity in the United States
- Broader macro uncertainty affecting all risk assets
How Far Has Bitcoin Fallen and What Does the Data Show?
Bitcoin has fallen around 46% from its October high of about $126,000. This correction has erased trillions in crypto market value, pushing sentiment to extreme fear levels. Historically, similar drawdowns have often preceded strong multi year recoveries.
| Metric | Peak Level | Current Level | Change |
|---|---|---|---|
| Bitcoin Price | $126,000 | Approx $68,000 | Down 46% |
| Crypto Fear and Greed Index | High optimism zone | 5 out of 100 | Extreme fear |
| Market Capitalization | Multi trillion | Trillions wiped out | Significant contraction |
The Crypto Fear and Greed Index hitting 5 out of 100 is historically rare. Extreme fear readings often correlate with long term buying opportunities rather than further collapse.
For investors in India tracking global crypto trends, this volatility contrasts with traditional assets priced in ₹, where drawdowns tend to be less extreme but growth rates are slower.
Is the Generational Divide Really Driving Crypto Prices?
According to Scaramucci, yes. He believes older investors who control most institutional capital prefer gold and silver during uncertainty, while younger investors favor Bitcoin. This generational divide affects short term demand dynamics.
He states that 60 year old institutional decision makers are allocating more to precious metals instead of digital assets. In contrast, younger investors are more comfortable with Bitcoin and blockchain technology.
| Older Capital Allocation | Younger Capital Allocation |
|---|---|
| Gold | Bitcoin |
| Silver | Ethereum |
| Fixed Income | Crypto ETFs |
If markets were reacting purely to fears of fiat currency debasement, Bitcoin would likely be trading much higher. Its muted response suggests broader asset class caution.
Did Scaramucci Miss His $150,000 Bitcoin Forecast?
Yes, Scaramucci previously projected Bitcoin would reach $150,000 by year end but later admitted he underestimated whale selling pressure. He has since revised his outlook, now targeting $150,000 by the end of 2026.
He maintained a bullish stance through much of 2025 before acknowledging market realities. At the :contentReference[oaicite:1]{index=1}, he admitted the crypto industry became overly enthusiastic about regulatory relief that did not materialize.
This recalibration adds credibility. Rather than abandoning his thesis, he adjusted timelines while keeping long term conviction intact.
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How Does Regulation Like the CLARITY Act Impact Bitcoin?
The CLARITY Act could significantly influence institutional adoption by defining regulatory oversight between agencies. Its delay has contributed to uncertainty, slowing large capital inflows into crypto markets.
The proposed legislation aims to clarify jurisdiction between the SEC and CFTC and address stablecoin yield provisions. However, it has stalled in the Senate.
Why regulation matters:
- Institutional investors require legal clarity
- Defined rules reduce compliance risk
- Clear frameworks attract pension and sovereign funds
- Market structure reform encourages ETF expansion
Scaramucci believes clearer regulation could unlock a new wave of institutional buying, potentially pushing Bitcoin toward his $150,000 target.
Should You Accumulate Bitcoin During a Bear Market?
Scaramucci advises investors to accumulate gradually during downturns rather than trying to time the exact bottom. Historically, disciplined accumulation during bear markets has rewarded patient investors.
He echoes the phrase popularized by :contentReference[oaicite:2]{index=2}: accumulate, do not speculate.
Practical accumulation strategies:
- Dollar cost averaging weekly or monthly
- Allocating a fixed percentage of portfolio
- Avoiding leverage during volatile periods
- Focusing on long term horizon of 5 to 10 years
Investors should assess their risk tolerance carefully. Crypto remains volatile and unsuitable for short term liquidity needs.
Key Takeaways
- Bitcoin is down about 46% from its peak near $126,000.
- Scaramucci believes the bear market is largely sentiment driven.
- Extreme fear levels may signal contrarian opportunity.
- Generational capital shifts are affecting demand.
- Regulatory clarity could unlock institutional inflows.
- Strategy: Accumulate gradually instead of timing the bottom.
Frequently Asked Questions
Is crypto officially in a bear market?
Yes. With Bitcoin down around 46% from its peak, the decline meets the traditional definition of a bear market, which starts at a 20% drop from recent highs.
What is Anthony Scaramucci saying about Bitcoin?
He says investors should accumulate Bitcoin during this downturn rather than speculate on short term price movements.
How low is the Crypto Fear and Greed Index?
It recently hit 5 out of 100, which signals extreme fear and historically has been a contrarian buying indicator.
What was Scaramucci’s Bitcoin price target?
He initially projected $150,000 but later revised his timeline, now expecting Bitcoin to reach that level by the end of 2026.
Why does regulation matter for crypto prices?
Clear rules reduce institutional risk and can unlock large capital inflows from pension funds and asset managers.
Is buying Bitcoin during a bear market risky?
Yes. Crypto remains volatile. However, long term investors often use downturns to build positions gradually.
Conclusion: Bear Market or Long Term Setup?
The crypto bear market has tested investor conviction, wiping out trillions in value and pushing sentiment to historic lows. Yet Anthony Scaramucci remains firmly bullish on Bitcoin’s long term trajectory. He sees demographic shifts, regulatory delays, and macro uncertainty as temporary headwinds rather than existential threats.
For investors willing to endure volatility, the strategy is simple: accumulate thoughtfully, manage risk, and maintain a multi year perspective. Whether Bitcoin reaches $150,000 depends on institutional adoption, regulatory clarity, and renewed confidence. But history shows that bear markets often plant the seeds for the next major rally.