Bitcoin's 4-year cycle isn't dead, expect a 70% drop next downturn: VC
02.11.2025
7655
The price of Bitcoin will continue to experience cyclical booms and busts, resulting in a drawdown of up to 70% during the next market downturn, according to Vineet Budki, CEO of venture firm Sigma Capital.
Bitcoin's about to get wrecked — again. VC boss Vineet Budki (CEO of Sigma Capital) just dropped the bomb: BTC could tank 65-70% in the next bear cycle. Why? Because most traders have zero clue what they're actually holding.
Bitcoin will not lose its utility if it comes down to $70,000. The problem is that people don't know its utility, and when people buy assets that they don't know and understand, they sell them first; that is where the selling pressure comes from.
But here's the plot twist: Budki still believes Bitcoin will hit $1M+ within a decade. The path? A mix of pure speculation and actual real-world utility finally kicking in.
Has Bitcoin outgrown the four-year cycle?
Arthur Hayes (BitMEX co-founder) says the 4-year cycle is dead — buried by macro factors like interest rates and money supply growth. Meanwhile, institutional whales now hold over 4M BTC (nearly 20% of supply), which some argue stabilizes the market.
But Seamus Rocca (CEO of Xapo Bank) isn't buying it. He says the cycle's still alive because investors still treat BTC as a risk-on asset, not the store-of-value it claims to be.
#Cryptomarket analysis#Venture Capital#Cryptocurrency Price Prediction#Bitcoin price increase#Bitcoin Cycles
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