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Recently, I came across an interesting viewpoint. In an interview, the General Manager of VanEck mentioned a phenomenon that is well worth paying attention to. He said that Bitcoin may already have bottomed out and is showing some promising recovery signals.
The General Manager’s analysis is very well reasoned. He pointed out that although the crypto market is rebounding, it is still far below last October’s peak overall, with a drop of more than 50%. The key point he emphasized is Bitcoin’s two fundamental attributes: a fixed total supply of 21 million coins and a halving cycle that occurs once every four years.
He also mentioned an interesting cycle pattern. According to historical data, Bitcoin typically goes through a three-year uptrend, and then faces a major adjustment in the fourth year. And 2026 is exactly that fourth year, so the bear market cycle we’re in now actually fits this pattern. The General Manager of VanEck believes this stage doesn’t need to be over-interpreted, because from a technical perspective, bottoming characteristics are gradually becoming visible.
As for the current situation, Bitcoin’s price is around 78000 USD, and the 24-hour gain is close to 1%. From this General Manager’s perspective, we are in the process of forming the bottom area, and that in itself is a positive signal. His view is that rather than getting stuck on short-term fluctuations, we should carefully observe this cycle’s turning point. After all, every time such a bottom is confirmed, it often signals the start of the next round of recovery.