The founder and managing partner of alternative asset manager SkyBridge Capital, Anthony Scaramucci, says he’s cautiously optimistic on Bitcoin (BTC) and the broader crypto market in 2026 despite volatility.
At the World Economic Forum in Davos, Scaramucci says his belief in Bitcoin’s long-term fundamentals remains, describing recent market weakness as more of a timing issue than a long-term direction issue.
Scaramucci had predicted Bitcoin could reach $170,000 by late 2025, and says certain highly anticipated regulatory shifts in the United States did not unfold as expected.
Scaramucci says consolidation after sharp rallies is also normal for high volatility assets and looking ahead, he believes his price targets are incoming.
First, he would like to see Bitcoin revisit the $125,000 to $150,000 range.
“But it’s Bitcoin… it does whatever it wants. I’m cautiously optimistic. I think we’ll have an OK year.”
Scaramucci says he’s also optimistic about stablecoin regulations and digital asset classification legislation like the Genius Act and the contentious Clarity Act, the latter of which may be tempering near term enthusiasm.
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