🔔SkyBridge Founder: Bitcoin's Four-Year Cycle Continues, Price Expected to Rise in Q4 According to Mars Finance, SkyBridge founder Anthony Scaramucci stated that the current Bitcoin bear market can be explained by the four-year cycle theory and long-term holders selling at the psychological price level of $100,000. He pointed out that while inflows from institutional investors and Bitcoin ETFs have "mildened" the four-year cycle, they haven't completely eliminated this traditional cycle, and the shared beliefs of market participants create a self-fulfilling prophecy. He predicts that Bitcoin will fluctuate for most of 2026, with a new bull market cycle starting in the fourth quarter. Scaramucci stated that market participants, including himself, generally expected Bitcoin to reach $150,000 by 2025, driven by the Trump administration's pro-crypto agenda and improved regulation, but the October market crash completely shattered this consensus. He cited Bitcoin's price movement in early 2023 after the FTX crash in November 2022 as an example to illustrate that the market often moves in the opposite direction to mainstream sentiment. Bull markets usually begin in a period of "extreme indifference and lack of interest," and the current bear market is a "normal" correction consistent with previous pullbacks.