Jan van Eck suggested that analysts have been overcomplicating recent Bitcoin price action, arguing that the four-year cycle has been the main driver holding prices down.
The price of Bitcoin is close to its bottom, according to VanEck CEO Jan van Eck, pointing to the winding down of the four-year cycle.
Speaking with CNBC on Monday, van Eck said his firm expects Bitcoin (BTC) to gradually start picking up this year, arguing that the four-year halving cycle has been the primary driver of price over the past few months, as opposed to anything related to BTC’s fundamentals.
“Our view coming into 2026 is that Bitcoin is governed by […] limited supply at 21 million, and the halving cycle where the Bitcoin miners who run the network get paid half the number of Bitcoin every four years,” he said, adding:
