Bitcoin’s Four-Year Cycle Persists as Budki Warns of Up to 70% Bear Market Drop, Yet Sees Bitcoin Reaching $1 Million in a Decade

According to Cointelegraph, via COINOTAG News on November 2, Vineet Budki, CEO of Sigma Capital, a Middle East–based early‑stage VC, argues that Bitcoin’s four‑year cycle remains intact. He warns the next bear market could yield a drop of up to 70%, driven by traders who misunderstand Bitcoin’s economic attributes and sell on negative signals, heightening volatility. Budki also emphasizes disciplined risk management as sentiment can sweep markets during macro conditions.

However, Budki stays bullish on Bitcoin’s long‑term case, supported by scarce supply and favorable liquidity. He pictures a potential move toward $1 million per coin over the coming decade, highlighting a binary risk‑reward setup for patient investors with diversified crypto exposure.