In an interview with Cointelegraph, Nic Puckrin breaks down the forces behind Bitcoin’s bear market and what could come next in 2026.
In an exclusive Cointelegraph interview, Coin Bureau CEO and crypto commentator Nic Puckrin says he expects 2026 to play out as a “tale of two crypto markets” — institutional conviction on one side, and near-total retail apathy on the other.
While headlines have been dominated by exchange-traded funds, policy shifts and big-money adoption, he argues that the everyday investor isn’t showing up the way they did in previous cycles — and he explains why that matters for what comes next.
He also revisits the debate around Bitcoin’s “four-year cycle.” Many traders declared the old playbook dead after an unusual run-up before the halving and the absence of a classic blow-off top. However, Puckrin outlines why recent price behavior has forced even skeptics to reconsider their views.
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