🧐VanEck: Bitcoin’s correction is nearing its end.
Eight out of 12 indicators are pointing to market capitulation, and all 12 have entered this zone over the past three months.
Analysts believe that capitulation has likely already occurred, and Bitcoin is approaching or is already in an accumulation phase.
Historically, Bitcoin’s bear market phases have lasted an average of 11–13 months. The current downtrend has now lasted 10 months, which is why VanEck identifies September–November as a window for the transition to accumulation.
Eight out of 12 indicators are pointing to market capitulation, and all 12 have entered this zone over the past three months.
Analysts believe that capitulation has likely already occurred, and Bitcoin is approaching or is already in an accumulation phase.
Historically, Bitcoin’s bear market phases have lasted an average of 11–13 months. The current downtrend has now lasted 10 months, which is why VanEck identifies September–November as a window for the transition to accumulation.