$BTC
VanEck: Bitcoin’s correction could be nearing its end.
According to VanEck data, 8 of its 12 indicators already point to market capitulation, and over the past three months all 12 have entered that zone. Analysts believe the main phase of capitulation has likely already passed and that BTC is approaching accumulation or is already in it.
Historically, Bitcoin’s bearish phase has lasted an average of 11 to 13 months. The current pullback has already extended for the tenth consecutive month, so at VanEck they highlight the period from September to November as a potential window for the transition into accumulation.
$BTC
VanEck: Bitcoin’s correction could be nearing its end.
According to VanEck data, 8 of its 12 indicators already point to market capitulation, and over the past three months all 12 have entered that zone. Analysts believe the main phase of capitulation has likely already passed and that BTC is approaching accumulation or is already in it.
Historically, Bitcoin’s bearish phase has lasted an average of 11 to 13 months. The current pullback has already extended for the tenth consecutive month, so at VanEck they highlight the period from September to November as a potential window for the transition into accumulation.
$BTC