Bear Market Mirage: Scaramucci’s Quest for 150k Bitcoin

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Key Highlights

  • Scaramucci noted that the “Greed Index” has sunk to a shamefaced five out of a hundred, and the RSI skulks below thirty, as if appetite itself has taken a nap in a damp ledger.
  • He doubles down on a prophecy, promising Bitcoin to stride to $150,000 by late 2026, like a peasant with a new chimney sweep’s luck, certain and absurd all at once.
  • Solana is praised as the premier engine for real-world asset tokenization-rapid as a runaway clerk and stubborn as a stubborn steed-standing tall in the face of chaos, a tokenization temple built on swift rail and grit.

In the smoky hall of Consensus Hong Kong 2026, Anthony Scaramucci, founder of SkyBridge Capital, spoke with the blunt sweetness of a street vendor who has learned to smile at the world’s tricks. “Listen, we’re in a bear market,” he conceded, and the room sighed in unison, like a choir of weary clerks closing their ledgers for the night. Yet he turned this confession into a carnival critique: even in the gloom, one can hawk a contrarian beacon and pretend the sun is merely late to work.

Having weathered nine bear markets in the long calendar of his career-at Goldman Sachs and afterward-he declared that the current climate of miserable sentiment is precisely the soil in which the first green shoots of a rally pretend to sprout. The audience, half skeptical, half hopeful, nodded as if a parish council had declared a miracle and then reserved judgment until the next sermon.

The Institutional Divide: Why the “Old Guard” is Hesitant

Scaramucci sketched a demographic map wider than a czar’s decree. The youth, keen as miserliness on payday, remain buoyant in spirit; the sixty-year-old mandarins who shepherd sovereign wealth funds retreat to the glittering reliquaries of gold and silver when currency grows weary and teeters on debasement. The old guard has largely abandoned Bitcoin, handing its banner to the wind, yet Scaramucci sees in their loud bearishness a signal that they are merely waiting, underfed and calculating, for a grand re-entry when the weather improves.

The market, he says, is now wrapped in “extreme fear.” The Greed Index, that fickle compass, points to five; the RSI prances below thirty; altcoins fell first in 2025, only Bitcoin catching the sting after the other coins had finished their doleful dance. He clings to a rule of thumb from the archives: crypto bear markets endure twelve to eighteen months. If January 2025 marks the start, we are two-thirds through the typical winter, and spring’s rumor is beginning to whistle around the corners of the city.

“We’re right there,” he declared, comparing the mood to the dark hours before the sun finally climbs the horizon, as if the market’s dawn could be timed by a concierge’s watch and a prayer.

Solana’s “Stress Test”

Even as prices slump and the ticker sighs, Solana gleams as a beacon of anti-fragile infrastructure. Scaramucci extols its capacity to endure massive liquidity spikes-meme coin avalanches and all-like a stout innkeeper who keeps the candles lit during a riot. Its near-instant finality, he notes, is a revolution compared with the old T+5 settlement rituals he endured in the distant days of Goldman Sachs. It is, he says, the track upon which the global asset railroad should run.

“If you’re a technologist and you’re looking at Solana, you’re saying wow,” he murmurs, and the audience puffs with a mixture of awe and the fear of missing the once-in-a-generation parade. The rail is fast, the tickets cheap, and the platform appears to be built by engineers who actually enjoy the work.

The Legislative “Floodgate”

The SkyBridge founder foresees a great unlocking before Memorial Day 2026. The legislative floodgates, once stubborn as a provincial hall, are expected to swing open with the right combination of lobbying and luck. The laws may not be perfect-no legal edifice ever stands with no cracks or pigeons in the eaves-but he insists that progress outruns perfection. Once the framework finds its footing, US money-center banks will have a circulatory system robust enough to pump capital into the market, potentially lifting Bitcoin toward his audacious target of $150,000.

Dealing with the World as It Is

In closing, Scaramucci admits a few miscalculations-the whale-selling that outpaced his forecasts and regulatory drag in 2025-but he remains unshaken. The infrastructure grows, fear tightens its grip like a winter shawl, and the industry stands on the threshold of a new ascent. With a regulated, imperfect framework, the crypto world may finally stride into the mainstream corridors of global capitalism, where clerks tally profits with the solemnity of a church bell and the jokes of traders echo down marble halls.

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2026-02-12 11:36