VanEck: Bitcoin's Four-Year Cycle Was Broken in 2025, Cautious Outlook for the Next 3 to 6 Months

BlockBeats News, January 13, VanEck published an article stating, "Heading into 2026, fiscal and monetary policy signals are becoming increasingly clear, and the overall market is leaning more towards risk appetite. After adjustments, artificial intelligence, private credit, gold, and crypto assets are showing more attractive investment opportunities."

The market environment in 2026 presents a scenario that investors have not seen in years: a clear market outlook. Clear expectations regarding fiscal policy, monetary policy direction, and core investment themes provide support for the market to adopt more constructive and risk-oriented strategies, although a high degree of selectivity in asset choices is still required.

In the crypto market, bitcoin's traditional four-year cycle was broken in 2025, making short-term signals more complex. This divergence makes the outlook for the next 3–6 months more cautious. However, this view is not an internal consensus, as there are still differences within the team. Matthew Sigel and David Schassler hold a relatively more positive view on the short-term performance of the current cycle."