cointelegraph logo - Scaramucci says BTC's 4-year cycle still in play, forecasts rise in Q4
The current Bitcoin ($BTC) bear market can be explained by the four-year cycle and long-term $BTCholders selling at the $100,000 psychological level, according to Anthony Scaramucci, managing partner of the SkyBridge investment firm.
Bitcoin’s four-year market cycle has been “muted” by institutional investors and inflows from $BTCexchange-traded funds (ETFs) that have cushioned volatility, Scaramucci said, but the altered market dynamics have not