VanEck: Bitcoin forms a bottom at the end of a four-year cycle

The price of Bitcoin BTC $67,221.21 Mezo Wrapped BTC 0.52% Market capitalization $36.88 million VOL. 24 hours $2.18 billion is approaching its «bottom,» said VanEck CEO Jan van Eck, explaining that it is the end of another four-year cycle. In an interview with CNBC, he noted that the company expects a gradual recovery of the rate within a year, as halving, rather than fundamental factors, has been the main driver of the market recently.

According to him, historically, Bitcoin has been growing for three years in a row, and in the fourth year, it experiences a deep correction. 2026, according to van Eck, is precisely this «fourth year,» which explains the current bear market. He emphasized that a limited supply of 21 million coins and regular reductions in miner rewards form the basic price dynamics.

Analysts continue to debate whether the four-year cycle is still valid. Skeptics point to new factors such as demand from exchange-traded funds, a weaker dollar, and positive regulatory changes. Nevertheless, VanEck insists that cyclicality remains the key explanation for the current market movements.

At the time of the announcement, Bitcoin was up 2.6% on the day and was trading at around $ 68,400, having added more than 7% over the week. At the same time, the price recovery coincided with geopolitical events: after the US and Israeli air strikes on Iran, the Iranian side retaliated, which increased demand for cryptocurrency as an alternative channel for the movement of funds in times of instability.

Van Eck suggested that the conflict may have partially stimulated the recovery of Bitcoin, as crypto payment systems allow bypassing banking infrastructure problems. He added that the Gulf region, in particular the UAE and Dubai, is «very crypto-friendly,» and that cryptocurrencies could become a key tool for financial transactions in times of crisis.