{"id":268,"date":"2026-03-23T16:32:39","date_gmt":"2026-03-23T16:32:39","guid":{"rendered":"https:\/\/1stblock.info\/?p=268"},"modified":"2026-03-23T16:32:40","modified_gmt":"2026-03-23T16:32:40","slug":"scaramucci-calls-bitcoin-drop-a-normal-correction-predicts-year-end-surge","status":"publish","type":"post","link":"https:\/\/1stblock.info\/?p=268","title":{"rendered":"Scaramucci Calls Bitcoin Drop a &#8220;Normal&#8221; Correction, Predicts Year-End Surge"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Anthony Scaramucci<\/strong>, managing partner of SkyBridge, described the recent decline in Bitcoin&#8217;s price as a &#8220;normal&#8221; correction within a four-year cycle. He believes that the current downturn is linked to profit-taking by long-term holders and anticipates a bullish phase to commence in the fourth quarter of this year.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In a podcast, Scaramucci stated,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe are in a four-year cycle. There are major players, veterans who believe in it. When people believe in something, they create a self-fulfilling prophecy.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He noted that spot Bitcoin ETFs have helped smooth out cyclical fluctuations due to increased institutional investments, although historical patterns remain relevant.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite his optimistic outlook for Bitcoin to reach $150,000 by 2025, Scaramucci acknowledged that the sharp drop in October disrupted widespread consensus. Bitcoin plummeted from a historic high above $126,000 to around $60,000 amid record liquidations. He emphasized that markets often move against prevailing sentiments, as seen after the FTX exchange collapse in early 2023.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Currently, Bitcoin is trading near $68,400, having dropped 1.1% in the last 24 hours and nearly 8% over the week. Ethereum has also seen a decline, falling to approximately $2,000. Meanwhile, the market sentiment is marked by &#8220;extreme fear,&#8221; with liquidation volumes exceeding $383 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">ETF products based on Bitcoin have recorded four consecutive weeks of positive inflows, attracting $95.1 million from March 16 to March 20, despite a mixed performance on trading days. In contrast, Ethereum ETFs experienced an outflow of nearly $60 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anthony Scaramucci, managing partner of SkyBridge, described the recent decline in Bitcoin&#8217;s price as a &#8220;normal&#8221; correction within<\/p>\n","protected":false},"author":2,"featured_media":269,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=268"}],"version-history":[{"count":1,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/268\/revisions"}],"predecessor-version":[{"id":270,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/268\/revisions\/270"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/media\/269"}],"wp:attachment":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}