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Home»Bitcoin»Current Bitcoin Price Correction Is ‘Garden Variety’

Current Bitcoin Price Correction Is ‘Garden Variety’

Bitcoin By Gavin22/03/2026
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Is Bitcoin’s Sell-off Driven By Dormant BTC Wallet Activity?
Is Bitcoin’s Sell-off Driven By Dormant BTC Wallet Activity?
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Bitcoin is currently a Bitcoin.BTCAnthony Scaramucci of SkyBridge, the investment firm’s managing partner, explained that the bearish market was caused by the 4-year cycle, and BTC long-term holders who sold at the $100,000 psychological threshold.

Bitcoin has been in a four-year cycle. “muted” Institutional investors are a good source of funding. inflows from BTC exchange-traded funds Scaramucci says that although the new market dynamics has altered BTC’s historical cycles, they have not completely erased them. He added:

“We’re in a four-year cycle, and there were some traditional whales, some OG’s, that believe in the four-year cycle, and guess what happens in life when you believe in something? You create a self-fulfilling prophecy.”

BTC prices are expected to remain volatile until 2026’s fourth quarter, at which point they will rise in line with a new bull-market cycle.

Scaramucci gives his BTC prediction in an interview with Scott Melker from the “Wolf of All Streets” podcast. Source: The Wolf of All Streets

Scaramucci claimed that the US President, Donald Trump, was driving BTC up to $150,000 per coin in 2025. Donald Trump’s pro-crypto agenda US regulators are warming up towards the digital assets industry.

Nevertheless, October market crashThe widely-held consensus was completely destroyed by. BTC dropped from an all time high of approximately $126,000 down to $60,000 at the lowest point.

Scaramucci stated that the markets move opposite of investor sentiment. As an example, he cited Bitcoin’s performance in early 2023 following the collapse of FTX on November 20, 2022. 

Bitcoin Price
Bitcoin’s price fell to its lowest level in December 20,22 after the fall of the FTX Crypto Exchange and began rising again in the month of January 2023. Source: TradingView

“It was at a period of great disinterest and great apathy that the bull market started again,” He said that BTC’s current bear market was a “garden variety” The correction is in line previous declines.

There are many crypto market analysts, executives and participants in the industry. continue to debate Bitcoin’s theory of the four-year cycle still holds true after BTC ended 2025 in the red Or if the market has permanently changed how BTC is priced. 

Related: Bitcoin price aims to hold $70K amid rising inflation concerns

Can the Iran War and geopolitical unrest cause BTC to suffer more?

Prices of BTC fell below $69,000 Risk assets were spooked across the board on Saturday, as the Iran war entered its third full week. 

Bitcoin Price
Bitcoin’s recent price movements. Source: CoinMarketCap

Stock market investors saw the S&P 500 index extend its decline on Friday, dropping by about 1.3%. The day earlier The gauge, which is a technical indicator that’s closely monitored to evaluate the trend in the stock market, has closed lower than its 200-day average for the first 10 months.

There are some analysts who predict a future of terrorism. 50% drop in BTC’s price in 2026 if it continues to exhibit a positive correlation with the S&P 500 index.

Magazine: The debate over Bitcoin’s four-year cycle is over: Benjamin Cowen