Overview
- Anthony Scaramucci cited roughly $4.6 billion in whale selling into ETF demand and an Oct. 10 deleveraging that squeezed liquidity and pulled bitcoin down about 30%.
- He said sentiment is extremely negative, putting his internal “bull meter” near 13–14 out of 100, which he argues heightens the impact of incremental positive news.
- He expects two to four U.S. rate cuts in 2026 that, in his view, would support equities, bitcoin and higher‑quality altcoins through improved liquidity and ETF flows.
- He put the odds of U.S. market‑structure legislation such as the Clarity Act passing before the midterms at north of 50%, calling legal clarity key to tokenization and institutional adoption.
- He disclosed recent bitcoin purchases for his family and stuck with a $150,000 price target, while naming Solana for low cost and developer ease, Avalanche, and Telegram‑linked TON for network utility.