Bitcoin Price May Bottom Between September and November: VanEck
VanEck says Bitcoin may be approaching an accumulation phase after eight of its 12 capitulation indicators remained active on Aug. 12. The asset manager expects September to November to be an important period for Bitcoinโs next market phase, although it cautions that historical signals cannot precisely identify a bottom. Improving U.S. spot Bitcoin ETP inflows could also support the outlook, while declining long-term holder balances remain an important factor to watch.
Read from Source ยท tronweekly.com ↗
This content is automatically aggregated. Full credit goes to the original publisher (tronweekly.com).
