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VanEck’s CEO assesses Bitcoin’s outlook for the remainder of the year., 2026/03/03 12:07:22

The CEO of investment firm VanEck, Jan van Eck, stated that the price of Bitcoin is nearing the lowest points of the current cycle and that the bearish phase may conclude by the end of the year.
According to him, the primary factor influencing the market in recent months has been the four-year halving cycle rather than fundamental shifts within the crypto industry.
“There is an investment cycle: Bitcoin rises for three consecutive years and then experiences a sharp decline in the fourth year. The year 2026 marks the fourth year. This is why we are currently in a Bitcoin bear market. In my view, the crypto market is approaching its bottom,” remarked Jan van Eck.
He also suggested that the recent recovery in prices might be partially linked to the conflict in the Middle East. He believes that during times of geopolitical uncertainty, cryptocurrency payment systems are utilized as an alternative means of transferring capital outside traditional banking frameworks.
“When we consider the resolution of the issue with Iran, the question arises: how will money be transferred? I think this creates a favorable environment for cryptocurrencies, particularly in regions like the UAE and Dubai,” he added.
In this context, geopolitical tensions may heighten the demand for digital assets not only as speculative instruments but also as alternative channels for transactions.
According to the head of VanEck, if this trend continues, the market recovery could reflect not just a cyclical rebound but also broader structural changes within the global financial system.
Previously, the trading director of analytical firm QCP Capital, Ivan Lee, referred to Bitcoin as a “hybrid asset” capable of altering its behavior based on market conditions during an interview on the Wealth Tracker program.