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CryptoMarkets

'Resoundingly Bulls'—Scaramucci Eyes $100,000 After Bitcoin Squeeze

Founder of Skybridge Capital and former White House Communications Director Anthony Scaramucci speaks during the 10th annual SALT Conference at the Bellagio on Wednesday, May 8, 2019, in Las Vegas. (Photo by David Becker)

Forbes

Publisher

Aug 19, 2026 at 12:37 PM UTC · 2 min de lecture

'Resoundingly Bulls'—Scaramucci Eyes $100,000 After Bitcoin Squeeze
Image via Forbes

Entities

bitcoin

Market Impact

BTC+6.79%$72,801

Last Updated

il y a un jour

Traduction…

Founder of Skybridge Capital and former White House Communications Director Anthony Scaramucci speaks during the 10th annual SALT Conference at the Bellagio on Wednesday, May 8, 2019, in Las Vegas. (Photo by David Becker)

The Washington Post via Getty Images

"BTC just pushed above $65,000, and 0x8c96 felt it," the analytics account The Data Nerd posted on X on August 18, tracking a Hyperliquid trader whose $117 million short bet against bitcoin was being eaten alive. "The gambler's 1,800 $BTC ($117M) short got partially liquidated, 360 $BTC ($23.36M) wiped in the move."

"$179 million in shorts were liquidated as Bitcoin pushed back above $64,000 today," the trader known as That Martini Guy posted on August 17. "After selling off all of last week, Bitcoin erased most of the move in a single day."

Bitcoin ran from under $63,000 to $65,059 in two days. Anthony Scaramucci, the SkyBridge Capital founder, picked that moment to call the bear cycle's tail end and a return above $100,000.

"We are still resoundingly bulls on Bitcoin," Scaramucci said in a clip that spread across X on August 18.

Bitcoin is in a bear market by his own reckoning. What makes this one different, he argues, is how shallow it has been. "And yet, we've only had a 55% drop," Scaramucci said, against declines of 75% to 80% in earlier cycles.

The trough matches: a 54% fall from October's $126,198 peak to June's $58,000 low, closer to 49% from today's $64,400.

Why The Short Squeeze Matters For The Bitcoin Price

Market Context

Bitcoin

BTC

$72,799

+6.79% (24H)

Market Cap

$1.46T

24H Volume

$50.8B

24H High

$72,859

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

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