VanEck CEO Jan van Eck says Bitcoin nears bottom in 4-year cycle as 2026 price targets divide analysts.
Bitcoin may be approaching the end of its current bear market phase. VanEck CEO Jan van Eck said the price is forming a bottom. He expressed this view in an interview with CNBC on March 2, 2026. Therefore, investors are closely monitoring Bitcoin’s price movements.
Jan van Eck explained that Bitcoin follows a repeating 4-year investment cycle. He said that prices typically increase for 3 consecutive years. However, they decrease significantly in the 4th year. According to him, 2026 is the correction year in the cycle.
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He also cited Bitcoin’s set limit of 21 million coins. In addition, he pointed out the halving mechanism that decreases the rewards of miners every 4 years. As a consequence, supply growth slows down in the long run. Therefore, he believes that this structure is behind the long-term price trends.
Van Eck said that investors tend to overcomplicate the price action of Bitcoin. However, he claimed that the halving cycle accounts for most of the major moves. He said it’s still a bear market year of 2026. Still, he believes that the market is now stabilising near a bottom.
As of March 3, 2026, Bitcoin is trading for close to $68,445. The price is testing resistance at around $70,000. Meanwhile, solid technical support is $62,300. A decisive breakthrough above $73,000 could confirm a new upward trend.
Institutional and retail sentiment is currently giving mixed signals. Over the last few months, Bitcoins ETF outflow exceeded the $9 billion. However, retail sentiment on Stocktwits became very bullish. Consequently, short-term optimism has begun to grow again.
Furthermore, VanEck research shows realized volatility fell almost 50% since the correction in 2022. Therefore, extreme 80% drawdowns may become less likely. At the same time, fast and huge price increases could also become less frequent. This trend implies a maturing structure of the Bitcoin market.
Looking into the future, prices are expected to fluctuate greatly for the rest of 2026. VanEck expects a period of consolidation and stable price action. He described the outlook as stable and not dramatic. Therefore, there is no sudden melt-up or collapse expected from the firm.
In comparison, Standard Chartered is more bullish in its projections. Some predictions indicate that Bitcoin could hit $150,000 at the end of 2026. However, that outlook is conditional on better institutional embrace and better global conditions.
Technical traders are also keeping an eye on key support and resistance levels. A sell-off below $62,300 may start selling pressure. However, a move above $73,000 could be a confirmed move to recovery. Therefore, these price zones are still very important for investors.
Geopolitical tensions have also contributed to recent volatility. Despite this, Bitcoin has been able to hold above major support levels. Consequently, market participants are on the lookout for confirmation of a long-term trend reversal.
Overall, Jan van Eck believes that Bitcoin is about to approach the cyclical bottom. He insists that the 4-year halving cycle is the biggest driving force. While there is still uncertainty, there are emerging stabilization signals. Therefore, 2026 can be a transition period before the next growth phase starts.
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