Bitcoin to move back over $100,000.
Bitcoin has been in its tightest volatility band in five years because miners shifted compute to AI, capital rotated from crypto into AI, and the four-year cycle is near the end of its bear market with the next halving roughly 18-19 months away. Scaramucci remains resoundingly bullish: the next halving will again cut new coin supply, tighten the supply-demand balance, and push bitcoin back above $100,000, though it will grind for a while. He also notes this bear market has only produced about a 55% drawdown versus prior 75-80% drops, suggesting net buyers are positioning for the next bull phase.