Scaramucci Signals Bitcoin Bottom as Price Holds Near $66K

Bitcoin trades around $65,000-$66,500 after rebounding from the June 5 low near $59,000. Standard Chartered and Coinbase CEO Brian Armstrong declared the cycle bottom in at $59K-$60K, citing ETF inflows and lower oil prices, while Galaxy Research maintains only four of 13 bottoming signals have triggered and projects a base-case floor of $40K-$46K by late 2026. CryptoQuant’s latest CVDD model adds a $48K target, leaving forecasts divided between an imminent recovery and further downside before Q4. Anthony Scaramucci reinforced the bullish contrarian view on June 17, citing low RSI and retail apathy as bottom signals.