March 3 News, asset management company VanEck CEO Jan van Eck recently stated that Bitcoin prices may be approaching a cyclical bottom. The market is experiencing a typical “four-year cycle” late-stage correction, and as the cycle nears its end, BTC prices are expected to gradually recover and trend upward.
In an interview with CNBC, Jan van Eck pointed out that recent market interpretations of Bitcoin price fluctuations are overly complex. In reality, Bitcoin has long followed a clear cyclical pattern: usually rising for three consecutive years, then experiencing a significant correction in the fourth year. 2026 is currently in this adjustment phase.
He explained that the core logic of Bitcoin still revolves around its supply mechanism. The total supply of Bitcoin is limited to 21 million coins, with a halving event occurring every four years. This design periodically alters the market’s supply and demand structure and has historically triggered large price swings.
Jan van Eck believes that the current market environment is at the tail end of the cycle. “Based on historical patterns, the current market is very likely at a bottom,” he said, and he expects Bitcoin prices to gradually enter a recovery phase by 2026.
Data shows that Bitcoin has risen about 2.6% in the past 24 hours, returning to around $68,400. Over the past week, it has gained approximately 7.6%. This rebound has also occurred amid rising geopolitical risks globally. Previously, the US and Israel launched airstrikes on Iran, followed by Iranian retaliations, which heightened tensions in the Middle East and prompted some funds to re-focus on digital assets as a safe haven.
Jan van Eck stated that in times of increasing financial uncertainty, cryptocurrencies could become an important tool for cross-border capital transfers. He mentioned that some regions in the Middle East have relatively friendly policies toward digital assets, such as Dubai, which is gradually becoming a key hub for crypto capital flows.
Despite debates over whether the “four-year cycle” remains valid, with some analysts suggesting that institutional funding, macro liquidity, and regulatory changes could alter the traditional rhythm, Jan van Eck still believes that Bitcoin’s supply structure remains a key variable in determining long-term price trends. He suggests that the current stage may be close to the bottom of this cycle.
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