VanEck Says Bitcoin Bottom Is Not Here Yet

Financial analysts at VanEck recently tracked 12 specific indicators that usually signal a major market capitulation. Their current research shows that Bitcoin has already triggered 8 of these 12 signals. While this suggests that investors are under significant pressure, the firm notes that the bottom has likely not arrived just yet.

Historically, this specific cluster of signals points toward poor performance over the following three to six months. When these conditions appear, Bitcoin often sees below average returns over a 90 day or 180 day period. This data serves as a warning to traders who expect an immediate rebound.

Market participants should watch for the remaining four signals to trigger before assuming the worst is over. Until the full set of indicators completes, historical patterns suggest that volatility will continue to dominate the price action.