Anthony Scaramucci Signals Bitcoin Bottom, Citing Low RSI And Retail Apathy

bitcoinistPublished on 2026-06-18Last updated on 2026-06-18

Abstract

Anthony Scaramucci, citing low retail interest, depressed sentiment, and weak momentum indicators like RSI, suggests Bitcoin may be nearing a cycle bottom. He remains a significant holder and bullish long-term, anticipating a stronger rally could begin in late 2026 or early 2027. His contrarian thesis posits that current market apathy and thin participation create conditions where even modest new demand could significantly move the price. However, the analysis notes that while weekly RSI is low, it may not be at historic bear-market lows, requiring a nuanced view. Ultimately, Scaramucci's argument frames the present weakness as a potential accumulation phase before the next bullish cycle, pending a future catalyst like ETF flows or improved macro conditions.

Anthony Scaramucci is leaning into a contrarian Bitcoin setup, arguing that weak retail attention and depressed sentiment could be closer to a cycle-bottom signal than a reason to walk away from the asset.

TL;DR

  • Scaramucci says he still owns a lot of Bitcoin and remains bullish.
  • He expects a stronger Bitcoin rally to begin in late Q4 2026 or early 2027.
  • His argument rests on low sentiment, thin demand, weak search interest, and low RSI conditions.
  • The RSI claim needs nuance: Bitcoin’s weekly RSI may be low, but not necessarily at an all-time low.

Scaramucci Points To Apathy As A Signal

In an interview shared by Altcoin Daily, Scaramucci said he still likes Bitcoin and owns a substantial amount of it. His broader point was not that the market feels strong now. It was that the current lack of excitement may be part of the bullish setup.

That is a familiar contrarian argument in crypto. When search interest is low, retail attention fades, and price action feels dull, the market can become thin. In thin markets, even a modest demand shock can move price more aggressively because fewer participants are positioned for upside.

Scaramucci tied that idea to a late-2026 or early-2027 rally window. The timeline is not a guarantee, and it should not be treated as one. It is an investor’s cycle view, based on sentiment and market structure rather than a hard catalyst.

The RSI Claim Needs Careful Framing

The most important caveat is the RSI discussion. Scaramucci’s comments point to unusually low momentum and weak market participation. However, the source packet for this batch notes that claims around an “all-time low” RSI should be treated carefully. Bitcoin’s weekly RSI may be low relative to stronger bull-market conditions, but historic cycle lows, including the 2018 bear market, have produced deeper readings.

That does not make the argument useless. It simply changes the framing. A low RSI can support a cycle-bottom thesis, but it is not enough on its own. Traders usually combine it with price structure, volume, realized volatility, liquidity, and on-chain accumulation before calling a durable bottom.

Why The Setup Is Still Clickable For Bitcoin Bulls

The appeal of Scaramucci’s argument is that it explains why Bitcoin can feel weak without necessarily being structurally broken. Apathy is uncomfortable for holders because it removes the constant excitement that usually surrounds crypto bull markets. But from a market-cycle perspective, apathy can also mean sellers are tired and expectations are low.

That is where the next demand impulse matters. A shift in ETF flows, a more supportive macro backdrop, a weaker dollar, or renewed institutional buying could all carry more weight if the market is under-positioned. The risk, of course, is that low interest can stay low for longer than bulls expect.

For now, Scaramucci’s call sits on the bullish side of a divided market. Some traders are watching prediction markets and macro risk for downside. Others see retail apathy and weak momentum as the conditions that usually appear before the next accumulation phase becomes obvious. Bitcoin may need time to prove which side is right.

This article was written by the News Desk and edited by Samuel Rae.

Originally published on Altcoin Daily X post with Anthony Scaramucci interview at Altcoin Daily X post with Anthony Scaramucci interview

Trending Cryptos

Related Questions

QWhat is the main contrarian argument Anthony Scaramucci makes regarding Bitcoin's current market state?

AAnthony Scaramucci argues that the current low retail attention, depressed sentiment, and dull price action (market apathy) are not reasons to walk away from Bitcoin. Instead, he suggests these conditions could signal that the market is nearing a cycle bottom, as thin markets are more susceptible to significant price moves from even modest demand shocks.

QAccording to Scaramucci, when does he expect a stronger Bitcoin rally to begin?

AAnthony Scaramucci expects a stronger Bitcoin rally to begin late in the fourth quarter of 2026 or early in 2027.

QWhat is a key nuance or caveat mentioned regarding Scaramucci's claim about Bitcoin's RSI?

AWhile Scaramucci points to low RSI as part of his argument, the article notes that claims of an 'all-time low' RSI should be treated carefully. Bitcoin's weekly RSI may be low relative to bull-market conditions, but historic cycle lows, like in the 2018 bear market, have produced deeper RSI readings.

QWhy can market apathy be considered a potentially bullish setup for Bitcoin?

AMarket apathy can be a potentially bullish setup because it often means sellers are exhausted and investor expectations are very low. In such a thin market, a shift in factors like ETF flows, a supportive macro backdrop, or renewed institutional buying can have a more pronounced impact on the price.

QWhat factors, besides low RSI, do traders typically consider before calling a durable market bottom?

ATraders typically combine RSI analysis with other factors before calling a durable bottom. These include price structure, trading volume, realized volatility, market liquidity, and on-chain accumulation patterns.

Related Reads

Robinhood's Bigger Basket

"Robinhood's Bigger Basket" A few weeks ago, the author described Robinhood as a financial supermarket, bundling services from stocks to crypto. After watching the Q2 2026 earnings call, this view was seen as an understatement. The real power is not just attracting new customers, but making existing users engage more deeply. Key performance highlights: * Revenue surpassed $5B annualized, faster than legacy brokers like Charles Schwab. * Paying users grew 7% YoY to 28.4M, but Average Revenue Per User (ARPU) surged 24% to $187. * User activity intensified: per-user stock notional volume rose 56% and options contracts rose 43%, while the number of users trading these assets grew much slower (13% and 3% respectively). The Robinhood Gold subscription is a critical engine. Nearly half of new users sign up for Gold, which then acts as a gateway. Gold users hold 4.2x more assets and are 3.1x more likely to use retirement products than regular users. This creates a powerful cross-sell flywheel where using one product (e.g., prediction markets) increases adoption of others (e.g., IRAs). The future catalysts are Robinhood Chain and the upcoming Robinhood Social feed. * **Robinhood Chain** integrates services (tokenized stocks, lending, perpetuals) into a single, composable platform, reducing friction for cross-product usage. * **Robinhood Social** will internalize the trading idea generation process. Verified portfolios within the app could build trust and move the entire "idea-to-execution" loop inside Robinhood. Together, these act as neutral layers that drive engagement and value accumulation across Robinhood's ecosystem, similar to how Costco's store layout drives membership sales. Despite cyclical concerns in areas like crypto trading, Robinhood's diversified portfolio of 13 business lines each with over $100M in Annual Recurring Revenue (ARR) creates stability. Different product cycles offset each other within a single user's account. The company's unique advantage is transforming a single customer relationship into a compounding, self-diversifying revenue node spanning traditional and crypto finance, amplified by its native blockchain.

marsbit1h ago

Robinhood's Bigger Basket

marsbit1h ago

Germany's Decades-Long Lead Lost as China's Machine Tools Quietly Rise to Global No.1

For decades, Germany held the top spot in global machine tool exports, but in 2025, China officially surpassed it for the first time, with its export value reaching 21% of the global market share. This article explores how China transformed from a heavily import-dependent nation to an export leader in this foundational industry for modern manufacturing. It begins by explaining the immense technical challenges in building high-end machine tools. Precision machining faces persistent physical obstacles like thermal expansion, vibration, and component wear, demanding top-tier core components like spindles, ball screws, and CNC systems. Historically, China relied on imports for over 90% of these critical components, and domestic machine tools suffered from short lifespans between failures (MTBF), making them unreliable for industrial use. The article credits the state-backed "04 Special Project" (2009-2020) for laying a crucial foundation. It boosted the market share of domestic high-end CNC systems from below 1% to nearly 32% and significantly improved overall machine reliability. However, the primary driver for China's rise was the massive and fast-evolving domestic market, particularly in the new-energy vehicle (NEV) sector. This created unique, high-demand applications like machining large integrated die-castings and complex battery housings. Domestic manufacturers, being close to the world's largest NEV market, rapidly iterated products to meet these new needs, gaining an edge over foreign competitors in certain emerging segments. Despite reaching the top spot in export value, the article stresses this is just a beginning. The current exports are often in specific categories like special-purpose processing machines (e.g., laser, EDM), with key markets in Asia and emerging economies. Furthermore, part of the "Chinese" export volume comes from foreign-owned factories within China. The true test for China's machine tool industry will be building the global trust and service infrastructure required for long-term, reliable operation overseas. The journey from being a buyer restricted by others' export controls to becoming a seller who must manage sensitive equipment exports and build a global support network has just entered a new, more demanding phase.

marsbit1h ago

Germany's Decades-Long Lead Lost as China's Machine Tools Quietly Rise to Global No.1

marsbit1h ago

Trading

Spot

Hot Articles

What is $BITCOIN

DIGITAL GOLD ($BITCOIN): A Comprehensive Analysis Introduction to DIGITAL GOLD ($BITCOIN) DIGITAL GOLD ($BITCOIN) is a blockchain-based project operating on the Solana network, which aims to combine the characteristics of traditional precious metals with the innovation of decentralized technologies. While it shares a name with Bitcoin, often referred to as “digital gold” due to its perception as a store of value, DIGITAL GOLD is a separate token designed to create a unique ecosystem within the Web3 landscape. Its goal is to position itself as a viable alternative digital asset, although specifics regarding its applications and functionalities are still developing. What is DIGITAL GOLD ($BITCOIN)? DIGITAL GOLD ($BITCOIN) is a cryptocurrency token explicitly designed for use on the Solana blockchain. In contrast to Bitcoin, which provides a widely recognized value storage role, this token appears to focus on broader applications and characteristics. Notable aspects include: Blockchain Infrastructure: The token is built on the Solana blockchain, known for its capacity to handle high-speed and low-cost transactions. Supply Dynamics: DIGITAL GOLD has a maximum supply capped at 100 quadrillion tokens (100P $BITCOIN), although details regarding its circulating supply are currently undisclosed. Utility: While precise functionalities are not explicitly outlined, there are indications that the token could be utilized for various applications, potentially involving decentralized applications (dApps) or asset tokenization strategies. Who is the Creator of DIGITAL GOLD ($BITCOIN)? At present, the identity of the creators and development team behind DIGITAL GOLD ($BITCOIN) remains unknown. This situation is typical among many innovative projects within the blockchain space, particularly those aligning with decentralized finance and meme coin phenomena. While such anonymity may foster a community-driven culture, it intensifies concerns about governance and accountability. Who are the Investors of DIGITAL GOLD ($BITCOIN)? The available information indicates that DIGITAL GOLD ($BITCOIN) does not have any known institutional backers or prominent venture capital investments. The project seems to operate on a peer-to-peer model focused on community support and adoption rather than traditional funding routes. Its activity and liquidity are primarily situated on decentralized exchanges (DEXs), such as PumpSwap, rather than established centralized trading platforms, further highlighting its grassroots approach. How DIGITAL GOLD ($BITCOIN) Works The operational mechanics of DIGITAL GOLD ($BITCOIN) can be elaborated on based on its blockchain design and network attributes: Consensus Mechanism: By leveraging Solana’s unique proof-of-history (PoH) combined with a proof-of-stake (PoS) model, the project ensures efficient transaction validation contributing to the network's high performance. Tokenomics: While specific deflationary mechanisms have not been extensively detailed, the vast maximum token supply implies that it may cater to microtransactions or niche use cases that are still to be defined. Interoperability: There exists the potential for integration with Solana’s broader ecosystem, including various decentralized finance (DeFi) platforms. However, the details regarding specific integrations remain unspecified. Timeline of Key Events Here is a timeline that highlights significant milestones concerning DIGITAL GOLD ($BITCOIN): 2023: The initial deployment of the token occurs on the Solana blockchain, marked by its contract address. 2024: DIGITAL GOLD gains visibility as it becomes available for trading on decentralized exchanges like PumpSwap, allowing users to trade it against SOL. 2025: The project witnesses sporadic trading activity and potential interest in community-led engagements, although no noteworthy partnerships or technical advancements have been documented as of yet. Critical Analysis Strengths Scalability: The underlying Solana infrastructure supports high transaction volumes, which could enhance the utility of $BITCOIN in various transaction scenarios. Accessibility: The potential low trading price per token could attract retail investors, facilitating wider participation due to fractional ownership opportunities. Risks Lack of Transparency: The absence of publicly known backers, developers, or an audit process may yield skepticism regarding the project's sustainability and trustworthiness. Market Volatility: The trading activity is heavily reliant on speculative behavior, which can result in significant price volatility and uncertainty for investors. Conclusion DIGITAL GOLD ($BITCOIN) emerges as an intriguing yet ambiguous project within the rapidly evolving Solana ecosystem. While it attempts to leverage the “digital gold” narrative, its departure from Bitcoin's established role as a store of value underscores the need for a clearer differentiation of its intended utility and governance structure. Future acceptance and adoption will likely depend on addressing the current opacity and defining its operational and economic strategies more explicitly. Note: This report encompasses synthesised information available as of October 2023, and developments may have transpired beyond the research period.

1.5k Total ViewsPublished 2025.05.13Updated 2025.05.13

What is $BITCOIN

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of BTC (BTC) are presented below.

活动图片