VanEck CEO: 'Bitcoin Is Forming a Bottom', Explains Current Position in the Four-Year Cycle

Structural Basis of the Four-Year Cycle

On March 2, Jan van Eck, CEO of VanEck, a major asset management firm with approximately $182 billion in managed assets, appeared on CNBC's 'Power Lunch' to reveal his view that Bitcoin (BTC) is currently forming a bottom within its cycle.

Mr. van Eck cited the fixed supply limit of 21 million coins and the halving mechanism occurring every four years as key factors in Bitcoin's price formation. In previous cycles...