Bitcoin has triggered eight of VanEck’s 12 capitulation signals after falling 49% from its peak, although the firm’s historical data has shown no return advantage within six months. VanEck said in its mid-August Bitcoin ChainCheck that the active signals place&#8230;

Bitcoin has triggered eight of VanEck’s 12 capitulation signals after a 49% decline from its peak. Historical data from VanEck indicates that there has been no return advantage within six months following such signals.

Bitcoin flashes 8 bottom signals, but rebound may take months: VanEck

Similar setups have historically produced below-average 90-day and 180-day bitcoin returns, said the asset manager.

VanEck reports that Bitcoin is showing 8 out of 12 capitulation signals, indicating that the market may not have reached its bottom yet. The asset manager notes that similar setups in the past have led to below-average returns for Bitcoin over the following 90 and 180 days.

Bitcoin is flashing 8 of 12 capitulation signals, but bottom's not yet in, says VanEck

بيتكوين قد أطلق ثمانية من اثني عشر إشارة استسلام من فان إيك بعد انخفاض بنسبة 49% من ذروته. تشير البيانات التاريخية إلى أن مثل هذه الإعدادات لم تؤد إلى عوائد كبيرة خلال الأشهر الستة التالية، مما يشير إلى أن السوق قد لا يكون قد وصل إلى قاعه بعد.

Bitcoin ha activado ocho de las doce señales de capitulación de VanEck tras una caída del 49% desde su máximo. Los datos históricos sugieren que configuraciones similares no han conducido a rendimientos significativos en los siguientes seis meses, lo que indica que el mercado puede no haber alcanzado aún su fondo.

Bitcoin a déclenché huit des douze signaux de capitulation de VanEck après une baisse de 49 % par rapport à son sommet. Les données historiques suggèrent que des configurations similaires n'ont pas conduit à des rendements significatifs au cours des six mois suivants, indiquant que le marché n'a peut-être pas encore atteint son creux.

Bitcoin Flashes 8 Bottom Signals, But Rebound May Take Months: VanEck

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Bitcoin Flashes 8 Bottom Signals, But Rebound May Take Months: VanEck

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Bitcoin flashes 8 bottom signals, but rebound may take months: VanEck

Bitcoin is flashing 8 of 12 capitulation signals, but bottom's not yet in, says VanEck

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