VanEck: Bitcoin's four-year cycle may be broken by 2025

VanEck announced on January 13th that the market operating environment in 2026 presents clear signals of fiscal and monetary policies, with artificial intelligence, private credit, gold, and cryptocurrency assets showing more attractive investment opportunities after adjustment. VanEck pointed out that the traditional four-year cycle of Bitcoin may be broken in 2025, with complex short-term signals and a cautious trend in the next 3 to 6 months. There are disagreements within the team regarding this viewpoint, with Matthew Sigel and David Schassler holding a more positive view on the short-term performance of the current cycle.