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Anthony Scaramucci is making a contrarian case for Bitcoin, arguing that weak retail attention and depressed sentiment may be closer to a cycle-bottom signal than a reason to exit the asset.
In comments shared via Altcoin Daily, Scaramucci said he still owns a substantial amount of Bitcoin and remains bullish. He also pointed to a potential rally window later in the cycle, suggesting Bitcoin could start to rally in late Q4 2026 into early 2027.
Scaramucci’s core argument is not that the market currently looks strong, but that the lack of excitement may reflect a setup where demand is thin. In such conditions, even a modest demand shift can move price more noticeably because fewer participants are positioned for upside.
He tied this view to a timeline that investors often treat as a cycle-based expectation rather than a guaranteed catalyst: a stronger Bitcoin rally beginning late in the 4th quarter of 2026 into early 2027.
A key caveat in the discussion is how momentum indicators are interpreted. While Scaramucci’s comments reference unusually low momentum and weak participation, claims about an “all-time low” RSI should be treated carefully.
The weekly RSI may be low relative to stronger bull-market conditions, but historic cycle lows—such as during the 2018 bear market—have produced deeper readings. A low RSI can support a cycle-bottom thesis, but it is not sufficient on its own. Traders typically look for confirmation through additional factors such as price structure, volume, realized volatility, liquidity, and on-chain accumulation.
For Bitcoin holders, apathy is uncomfortable because it reduces the constant excitement that often accompanies crypto bull markets. However, from a cycle perspective, apathy can also imply that sellers are tired and expectations are low.
The next question for bulls is whether a demand impulse arrives while the market is under-positioned. Potential drivers mentioned in the article include shifts in ETF flows, a more supportive macro backdrop, a weaker dollar, or renewed institutional buying.
The counter-risk is that low interest could persist longer than bulls expect, delaying any visible accumulation phase.
For now, Scaramucci’s stance sits on the bullish side of a divided market. Some traders are monitoring prediction markets and macro risks for downside, while others view retail apathy and weak momentum as conditions that often precede clearer accumulation signals.
Bitcoin may need time to demonstrate which interpretation is more accurate.
Source (as cited in the article): Altcoin Daily (@AltcoinDaily), June 16, 2026.
Ready Card users outside the European Economic Area have reportedly faced an abrupt service halt after a transition involving the card issuer disrupted the USDC spending product, according to user notices shared on X.
A notice shared…
