VanEck Manager Predicts Strong Bitcoin Comeback in 2026 Despite Its Current ‘Lag’

David Schassler, head of multi-asset solutions at VanEck, presented a constructive outlook on Bitcoin, projecting that the largest crypto would recoup next year despite its current “lag.”

“Bitcoin is lagging the Nasdaq 100 Index by roughly 50% year-to-date, and that dislocation is setting it up to be a top performer in 2026,” he wrote in the company’s 2026 outlook report.

Further, VanEck’s lead of Digital Assets Research Matthew Sigel pointed out that Bitcoin’s historical four-year cycle “remains intact” following the early October 2025 high.

“That pattern suggests 2026 is more likely a consolidation year than a melt-up or a collapse.”

The report titled “Plan for 2026: Predictions from Our Portfolio Managers” presented a stronger and steadier crypto market view on mining economics and the evolution of stablecoins.

Bitcoin Lows Are Temporary, Reflects ‘Softer Risk’: Schassler

Bitcoin price stands at a critical juncture, after weeks of controlled downside. The price action has narrowed, indicating consolidation rather than renewed selling pressure. Besides, gold surged past $4,500 an ounce for the first time, grabbing the spotlight.

However, the analyst remained optimistic about a potential rally, stressing that the current BTC market slump “reflects softer risk appetite and temporary liquidity pressures.”

“As debasement ramps, liquidity returns, and Bitcoin historically responds sharply. We have been buying.”

Schassler also predicted that the gold surge would continue to $5,000 in 2026, and the bull run would introduce real volatility. The yellow metal is up more than 70% this year and is currently trading past $4,500 per ounce.

Strong Fundamental Drivers Behind BTC, ETH Prices in 2026

The crypto industry is moving deeper into integration with traditional finance, with more regulated institutions entering the space. However, Ruslan Lienkha, chief of markets, YouHodler, told Cryptonews that prices are expected to have a more gradual, long-term impact rather than generating immediate upside.

“The strongest fundamental drivers of BTC and ETH in 2026 will remain macroeconomic,” Lienkha noted.

Besides, crypto corporate treasury allocations remain a major catalyst for market momentum in 2026, he added.

“In the short and medium term, major cryptocurrencies remain heavily influenced by macroeconomic conditions — particularly interest rates, liquidity trends, and broader risk sentiment.”

Additionally, increasing jurisdictions establishing clear and transparent regulatory frameworks for crypto could also facilitate broader institutional participation, Lienkha told Cryptonews.

“We are likely to see a significant rise in the involvement of banks and other financial institutions in the market in 2026.”