Bitcoin Could Retake $100K Before 2028 Halving, Scaramucci Says

Halvings occur every 210,000 blocks, reducing the rate at which new Bitcoin enters circulation, and Scaramucci argues that the recurring supply cut should eventually help push the price back into six figures.

Scaramucci Cycle

The forecast comes as Bitcoin remains well below its Oct. 6, 2025 peak above $126,000. The asset fell to $86,505 by Dec. 1, then $76,911 on Feb. 1 and $65,734 on Mar. 1, before touching a 2026 low below $58,000 on Jul. 1.

Some market observers are less confident that the old cycle still works.

Scott Melker has noted that Bitcoin ran 1,080 days from its last major low, beyond a historical peak window of roughly 1,060 to 1,070 days. Arthur Hayes has also questioned the four-year framework, while PlanB has placed a possible top anywhere from 2026 to 2028.

Nearer-term policy could also affect sentiment, with the Digital Asset Market Clarity Act scheduled for a Senate cloture vote on Sept. 15, a procedural motion that needs 60 votes and would not pass the legislation itself.

Scaramucci made a similar halving-based call in early 2024, when Bitcoin traded near $43,000. He projected $170,000 by applying a four-times multiple to the halving-day price, but Bitcoin instead peaked above $126,000 in Oct. 2025 after Coin Metrics put its Apr. 20, 2024 halving price at $64,908.

Alexey Bondarev is the Head of Content at Yellow.com, having reported on crypto for the last 10 years. He specializes in in-depth Research and Learn pieces, with a focus on analytical reporting, industry context, and the bigger forces shaping crypto, from the AI era and security technologies to fintech innovation. He believes that everything digital will imminently overcome everything analogue and is working hard to make that come true.