Bitcoin's 4-Year Cycle Is Alive: Watch These 3 Catalysts for the Reversal, VanEck Exec Says

Bitcoin (CRYPTO: BTC) may still be trapped in a painful bear-market phase, but VanEck’s Matthew Sigel predicts BTC will trade “materially higher” over the next 12 months as the 4-year cycle remains intact.

"BTC Materially Higher In One Year"

In an interview with Scott Melker on July 5, Sigel said the market is waiting for a stronger fundamental catalyst to restore confidence.

He believes regulatory clarity, progress on a U.S. strategic Bitcoin reserve or continued sovereign adoption could act as triggers.

Sigel noted that 22 countries are either mining or holding BTC at the sovereign level, with the trend adding one or two countries a year.