Is $100,000 the Magic Number to Bring Back Bitcoin Investors? Anthony Scaramucci Makes a Bold Case to Buy BTC Now.

Anthony Scaramucci, founder of SkyBridge Capital, has presented a bullish case for Bitcoin (BTCUSD), arguing that the cryptocurrency's retreat from its 2025 highs represents a healthy transition rather than a structural failure. Bitcoin experienced significant selling pressure after touching the psychological $100,000 threshold, dropping more than 33% below its peak as longtime holders took profits around the major round number. According to Scaramucci and SkyBridge partner John Darsie, the ownership transition from early holders to newer institutional and retail market entrants is nearing completion. This dynamic sets the stage for a potential resumption of upward momentum. Scaramucci highlights the convergence of artificial intelligence and blockchain infrastructure as a transformative catalyst, suggesting AI agents will utilize decentralized networks to log actions and settle transactions. While critics caution that Bitcoin lacks traditional cash flow fundamentals and relies heavily on sentiment, emerging functional utility in automated workflows could provide fundamental backing. As selling exhaustion sets in above prior support zones, market watchers see a pathway for renewed accumulation.