Bitcoin is forming a bottom as the 4-year cycle ends: VanEck CEO

CoinTelegraph

by Brian Quarmby

March 3, 2026

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Bitcoin’s price is nearing its bottom as the four-year halving cycle comes to an end, according to Jan van Eck, CEO of VanEck. In a recent interview with CNBC, van Eck argued that analysts have been overcomplicating Bitcoin’s recent price action by focusing on factors like market sentiment or macroeconomic trends. Instead, he pointed to the halving cycle as the primary driver of Bitcoin’s price dynamics over the past few months. The halving cycle, which occurs every four years, reduces the number of new bitcoins miners receive for verifying transactions on the network. This mechanism effectively limits supply growth and creates predictable cycles of scarcity, influencing market behavior. VanEck explained that this cycle has been the main reason behind Bitcoin’s price decline over the past year, as miners receive half the usual reward, leading to reduced selling pressure and eventual stabilization. VanEck’s firm expects Bitcoin to start recovering gradually in 2024, as the halving cycle winds down. He emphasized that Bitcoin’s limited supply, capped at 21 million coins, is a key structural feature that governs its market dynamics. By understanding these cycles, investors can better anticipate price movements and make informed decisions about their crypto holdings. This perspective matters to crypto enthusiasts and investors because it shifts the focus from short-term market noise to long-term structural factors. While Bitcoin’s price has been volatile in recent months, van Eck’s analysis suggests that the end of the halving cycle could mark a turning point for the cryptocurrency, potentially leading to a more stable or upward trend. For those following the crypto markets, VanEck’s insights highlight the importance of considering Bitcoin’s unique supply dynamics when analyzing its price behavior. As the four-year cycle comes to an end, this could be a pivotal moment for Bitcoin’s trajectory in 2024 and beyond.

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Originally published on CoinTelegraph on 3/3/2026