BTC Price Bottom is Forming as Four-Year Halving Cycle Ends Says VanEck CEO

VanEck CEO Jan van Eck stated that the price of Bitcoin (BTC) is close to forming a bottom, attributing the recent market behavior primarily to the winding down of the four-year halving cycle, rather than fundamentals. He explained that historically, Bitcoin experiences three years of gains followed by a significant drop in the fourth year, identifying 2026 as that fourth year, which explains the current bear market. Van Eck anticipates Bitcoin will gradually start picking up this year. His comments come as BTC trades around $68,400, showing recent gains coinciding with geopolitical tensions, which he speculated could be partly driven by the need for crypto payment rails to move funds outside traditional banking systems during uncertainty, particularly referencing the UAE and Dubai as crypto-friendly regions.

(Source：Cointelegraph)