TL;DR
- Anthony Scaramucci says some longtime Bitcoin holders treated $100,000 as a key selling level after holding BTC for 10 to 15 years.
- He expects Bitcoin to recover above $100,000 despite the current correction and slower market momentum.
- Scaramucci also sees growing potential for AI agents to use blockchain networks for automated transactions and settlement.
Anthony Scaramucci says Bitcoin’s $100,000 level became a key exit point for some early holders who held for a decade or more. The SkyBridge Capital founder argues that this wave of profit-taking helped pressure BTC after its 2025 peak, but he still expects the cryptocurrency to recover above $100,000.
At the Wyoming Blockchain Symposium in Jackson Hole, Scaramucci said many “OG” Bitcoin holders viewed $100,000 as a personal target after holding their coins for 10 to 15 years. When BTC reached that area, some chose to realize gains, adding supply as traders debated the next phase of the cycle.
Scaramucci also pushed back against expectations of an uninterrupted “super cycle.” He said Bitcoin remained influenced by established market rhythms, while expectations of heavy selling could reinforce themselves. In his view, that contributed to a sharper correction rather than a permanent change in Bitcoin’s long-term trajectory.
Bitcoin $100,000 Target Gains Institutional Support
The selling dynamics are unfolding alongside a changing ownership base. SALT CEO John Darsie said longtime holders are increasingly taking profits while institutions, financial advisers and family offices are adding Bitcoin to portfolios. That transition could increase market depth and reduce volatility over time as ownership spreads.
Standard Chartered has maintained a $100,000 year-end target for Bitcoin. Geoffrey Kendrick, the bank’s global head of digital assets research, argued in June that much of the forced selling could be behind the market and described lower prices as an attractive accumulation zone.
Scaramucci sees the current drawdown as less severe than previous Bitcoin bear markets. He estimated the decline at roughly 55%, compared with historical downturns of about 75% to 80%. He also pointed to the 2028 halving as a potential supply catalyst.
AI And Blockchain Could Converge
Beyond price, Scaramucci identified an opportunity in the relationship between artificial intelligence and blockchain. He expects AI agents to increasingly execute transactions, with blockchains potentially providing settlement rails.
Darsie also highlighted miners moving toward AI computing and identified energy, robotics, fintech and digital assets as major investment themes. The Wyoming event brought together investors, policymakers and builders to discuss Bitcoin, infrastructure and decentralized AI.
