{"id":23064,"date":"2026-03-03T09:22:29","date_gmt":"2026-03-03T09:22:29","guid":{"rendered":"https:\/\/bitunikey.com\/news\/vaneck-ceo-says-bitcoin-may-be-forming-a-bottom-despite-2026-bear-cycle\/"},"modified":"2026-03-03T09:22:35","modified_gmt":"2026-03-03T09:22:35","slug":"vaneck-ceo-says-bitcoin-may-be-forming-a-bottom-despite-2026-bear-cycle","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/vaneck-ceo-says-bitcoin-may-be-forming-a-bottom-despite-2026-bear-cycle\/","title":{"rendered":"VanEck CEO says Bitcoin may be forming a bottom despite 2026 bear cycle"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bitcoin price surged to $69,000 Tuesday before a correction, putting it on pace for its strongest daily performance in nearly a week, as VanEck CEO Jan VanEck suggested the world\u2019s largest cryptocurrency may be carving out a cyclical bottom.<\/p>\n<div id=\"cn-block-summary-block_79bbb4089f273aafa444503e02b94af5\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>VanEck CEO says 2026 represents Bitcoin\u2019s typical bear-cycle year but believes a bottom may be forming.<\/li>\n<li>Bitcoin rallied 6%, rebounding from strong support near the $60,000\u2013$62,000 zone.<\/li>\n<li>A break above $70,000 could confirm a broader recovery, while rejection may prolong the correction.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Speaking on <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/video\/2026\/03\/02\/bitcoin-is-making-a-bottom-says-vaneck-funds-jan-van-eck.html\" target=\"_blank\" rel=\"nofollow\">CNBC<\/a>, VanEck framed 2026 as the fourth year in Bitcoin\u2019s historical halving cycle, a period that has typically coincided with steep drawdowns following three consecutive years of gains. <\/p>\n<p>\u201cThat\u2019s why we\u2019re in a Bitcoin bear market,\u201d he said, pointing to the asset\u2019s programmed supply cap of 21 million coins and its four-year halving mechanism, which reduces miner rewards and has historically shaped boom-and-bust patterns.<\/p>\n<p>Despite acknowledging the broader downturn, VanEck said recent price action could represent \u201ca very nice sign of life,\u201d adding that he believes the market may be in the process of bottoming.<\/p>\n<p>The move higher was not isolated to Bitcoin. VanEck noted that the entire crypto complex, including large-cap tokens and publicly traded firms such as Coinbase and Circle, participated in the rally. <\/p>\n<p>However, he cautioned against reading too much into a single day\u2019s action.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Bitcoin eyes break above $70K as bottoming pattern forms<\/h2>\n<p>Technically, Bitcoin has rebounded from February lows near the $60,000\u2013$62,000 range and is now consolidating around $67,000. <\/p>\n<p>The area around $60,000 has acted as firm support following a sharp rejection lower last month, suggesting buyers are stepping in at that level. <\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Bitcoin price analysis | Source: Crypto.News<\/figcaption><\/figure>\n<p>Immediate resistance stands near $70,000, with a broader supply zone between $75,000 and $80,000.<\/p>\n<p>Momentum indicators show selling pressure easing, while volatility has stabilized after February\u2019s spike, conditions that often accompany base formation. <\/p>\n<p>A sustained break above $70,000 would strengthen the case that a cyclical bottom is in place, while failure to hold current levels could reinforce the longer-term bear narrative.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price surged to $69,000 Tuesday before a correction, putting it on pace for its strongest daily performance in nearly a week, as VanEck CEO Jan VanEck suggested the world\u2019s&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=23064"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23064\/revisions"}],"predecessor-version":[{"id":23065,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23064\/revisions\/23065"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/7080"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=23064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=23064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=23064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}