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SkyBridge CEO says Bitcoin halving cycle still valid, recovery seen late 2026

Bitcoin is maintaining a long-term uptrend and the current decline is a typical correction within a four-year cycle, an assessment said. Anthony Scaramucci said Bitcoin is following a path similar to past post-halving moves and that the latest pullback is milder than prior bear markets. He cited greater institutional participation and demand for spot Bitcoin exchange-traded funds. Scaramucci said a rally could restart in the fourth quarter of 2026 and extend into early 2027.