$json.BodyEdited = “Vineet Budki, CEO of venture firm Sigma Capital, predicts that Bitcoin will continue to experience its cyclical booms and busts, with a significant drawdown of up to 70% expected during the next market downturn. Speaking at the Global Blockchain Congress 2025 in Dubai, Budki explained that a 65% to 70% retracement could occur within the next two years due to traders’ lack of understanding of the asset they hold. He emphasized that Bitcoin’s utility remains intact even if its price falls to $70,000, but the selling pressure stems from investors unfamiliar with its economic properties who sell at the first signs of trouble.
Despite the anticipated correction, Budki remains bullish on Bitcoin’s long-term potential, forecasting that the cryptocurrency could reach $1 million or more per coin in the next decade. He attributed future user adoption to a blend of speculative interest and the growth of real-world Bitcoin use cases.
While some analysts, like Arthur Hayes, co-founder of BitMEX, argue that Bitcoin’s traditional four-year cycle has been overshadowed by macroeconomic factors such as interest rates and money supply growth, others note the stabilizing influence of institutional investors. Financial institutions, including governments, ETFs, and exchanges, collectively hold nearly 20% of Bitcoin’s total supply, which some believe reduces volatility.
Seamus Rocca, CEO of Xapo Bank, supports the view that the four-year cycle remains relevant, explaining that investors still see Bitcoin primarily as a risk-on asset, even as it serves as a store of value.
For more insights, read the full article [here](https://cointelegraph.com/news/bitcoin-4-year-cycle-not-dead-70-drawdown).”;
$json.CompelingTitle = “Bitcoin’s 4-Year Cycle Endures: Expect a 70% Drop in Next Market Downturn, Says VC”;