CoinDesk Podcast Network Anthony Scaramucci Predicts $150K BTC by Year-End: This Bear Market Will End 'When We Least Expect It'
Feb 12, 2026
Anthony Scaramucci, SkyBridge Capital founder and former White House communications director, shares bold market takes. He explains why older institutions favor gold over Bitcoin. He links meme-coin liquidity drains to the extended bear market. He defends Solana, predicts regulation will pass, and sticks to a $150K Bitcoin year-end target.
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Demographics Explain Bitcoin's Underperformance
- Institutional allocators favor gold over Bitcoin because older, risk-averse managers dominate decision-making.
- Anthony Scaramucci sees demographic preference for gold as a key reason Bitcoin underperformed despite currency debasement.
Bear Markets End When Least Expected
- Bear markets often end unexpectedly and when sentiment is most bearish.
- Scaramucci notes low RSI and extreme fear as contrarian signals that the market may be near a turning point.
Buying Through Solana's Crash
- SkyBridge bought Solana at $22, watched it fall to $8, and decided to hold through the decline.
- They believed Solana's technical resilience and developer adoption justified riding the position rather than selling.