The prospects of Bitcoin in 2026.. The belief in it is strong and the infrastructure continues to grow.. The full details accurately
In an interview conducted on December 23, 2025 (and broadcast on the same day or the next), Anthony Scaramucci (founder of SkyBridge Capital) spoke with Mike Novogratz (CEO of Galaxy Digital) about the future of Bitcoin in 2026, amidst general negative sentiment in the market. The interview was published on Benzinga on December 24, 2025, and focused on the fact that Bitcoin has not yet reached its all-time high, with a need for additional "healing" before momentum returns.
### Key points from Novogratz's statements:
- Moderate optimism: Novogratz has not given up on Bitcoin despite the current negative sentiment, and he said he is "not ready to go overly optimistic just yet" (not giving up on Bitcoin despite negative sentiment, but cautioned against going overly bullish too soon).
- The need for healing: There is "more healing to do" in the market, especially after Bitcoin did not achieve what was expected in 2025. The price needs to break the $100,000 level to regain momentum:
"How we regain momentum in crypto prices always relates to the narrative, and we will need to see that return, as prices generate prices. In a way, you don't need to become overly optimistic until we break $100,000."
- Bitcoin belief system: Bitcoin is supported by a "gigantic apparatus" and a "belief system" that will not disappear anytime soon. This system is built on institutional capital, global adoption, and ongoing evolving infrastructure.
- Comparison to the internet: Novogratz is very optimistic about building crypto infrastructure:
"It's somewhat like the internet.. after the internet faced issues, some of the greatest years of growth in building infrastructure came. Therefore, there is no bear market in building crypto infrastructure."
There is ongoing global building (especially outside the United States) of crypto aggregation platforms, tokenized stocks, and prediction markets.
- No specific price prediction for 2026: Novogratz did not provide a specific price number for 2026, but he confirmed that Bitcoin has not yet reached its historical peak, and the upward trend will begin after breaking $100,000. (In previous statements, he mentioned that Bitcoin could reach a million dollars in the long term if adoption continues).
### Current market context (December 24, 2025):
- Bitcoin price: Approximately $87,268 (down 1.08% over 24 hours).
- Galaxy Digital (GLXY) stock: Closed at $24.59 (slight decrease of 0.08%), down 0.45% in after-hours trading, but up over 40% during 2025.
- Galaxy's Bitcoin holdings: 6,894 Bitcoins worth approximately $600 million (according to BitcoinTreasuries.net).
- Other opinions: Analysts like Ben Cowen expect Bitcoin and Ethereum to remain in a limited range until summer 2026 due to the Federal Reserve not cutting rates, while Peter Schiff believes that "the Bitcoin trade is over."
### Quick summary:
Novogratz sees 2026 as a year of "healing" and "building" rather than a year of prestige or immediate crazy highs. The belief system in Bitcoin is strong and sustainable, and the infrastructure continues to grow regardless of price fluctuations. The real momentum will come after breaking $100,000, making the long-term outlook very positive despite the current weakness at the end of 2025.
This dialogue reflects the market's shift toward maturity: less focus on quick prices, and more on structure and real adoption. Will 2026 be the year of real recovery for Bitcoin? Time will tell!
