Bitcoin Back Above $100K? Scaramucci Says the 2028 Halving Holds the Key

SkyBridge Capital founder and managing partner Anthony Scaramucci told CNBC’s Squawk Box on Tuesday that Bitcoin (BTC) will climb back over $100,000 as the halving cycle tightens prices, a level the asset has not closed above since November 13, 2025.

“I think as the halving cycle comes in again, it will tighten prices and you’ll see a move back up over $100k,” says @Scaramucci of $BTC. https://t.co/x8GF2oK0uh pic.twitter.com/lVSyypTzEN

— Squawk Box (@SquawkCNBC) August 18, 2026

Bitcoin briefly hit $65,000 on Tuesday, according to CoinGecko. The next halving falls at block 1,050,000, which countdown trackers place around April 2028, and the network stood at block 963,063 on Tuesday.

Halvings arrive every 210,000 blocks, and the block subsidy will drop to 1.5625 BTC from 3.125 BTC.

Prior Call Targeted $170,000

Coin Metrics puts Bitcoin at $64,908 on April 20, 2024, the day of the last halving. The cycle that followed peaked at over $126,000 on October 6, 2025. The asset last closed at or above six figures on November 13, 2025, at $100,035, then fell to $86,505 by December 1, $76,911 on February 1, and $65,734 on March 1. Its 2026 low was at under $58,000 on July 1.

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