Global investment management firm VanEck is optimistic about the first quarter of 2026, citing visibility in fiscal policy and investment themes. However, the firm is cautious about the short-term outlook for Bitcoin, noting a divergence in the typical four-year cycle. A risk-on environment is expected to benefit AI, tech stocks, and crypto.

VanEck highlights the gradual improvement in the US fiscal picture, with deficits shrinking as a percentage of GDP. The medium-term outlook is focused on longer-term interest rates and reduced tail risks. Market trajectory for H1 2026 appears clear, favoring risk assets like Bitcoin in a risk-on macroeconomic window.

Crypto analyst Michaël van de Poppe predicts Bitcoin will reach six figures before the end of January, with prices potentially hitting $100,000 in a maximum of ten days upon a clear move above $92,000. BTC has been trading sideways for almost two months, showing significance in potential breakout levels.

Read more at Cointelegraph: VanEck Predicts Risk-On Q1 2026 With Improved Fiscal Clarity