Matthew Siegel assessed the prospects for Bitcoin in the current market cycle, 2026/01/05 10:41:48

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Matthew Siegel assessed the prospects for Bitcoin in the current market cycle0

VanEck head of research Matthew Siegel said the risks of a deep fall in the price of Bitcoin in the current market cycle remain limited.

A major rally and a sharp collapse in 2026 are unlikely, he said. In the previous cycle, the price correction reached about 80%, but since then the volatility of the asset has almost halved.

Siegel noted that Bitcoin’s four-year cycle remains in effect, including the period after its peak in early October 2025. 2026 is likely to be a period of consolidation and sideways movement.

He also pointed to a mixed picture for global liquidity. Expectations of a US Federal Reserve rate cut may support the , but unstable industry funding conditions remain a factor of uncertainty.

Siegel added that online activity remains weak but is already showing early signs of recovery, which could indicate a return to retail investor interest.

He admitted that in the medium term, Bitcoin could test the $100,000 level if liquidity inflows and demand continue to recover.

Earlier, the CEO of the Abra , Bill Barhydt, said that increased liquidity in the markets will be a key driver of the price of Bitcoin in 2026.