Bitcoin Correction May Be Nearing Its End as 8 of 12 Capitulation Signals Flash
The Bitcoin correction, which has lasted for more than 11 months, could be nearing its end to finally welcome an accumulation phase. This was revealed in the latest report by asset management firm VanEck. The firmโs researchers pointed out that 8 of the 12 indicators in their Bitcoin Capitulation Check metric are currently in the capitulation zone, while all 12 indicators touched that threshold at some point over the past three months.
This technical behavior suggests that the market is in the midst of a critical phase of liquidation and seller exhaustion. The movement coincides with a rebound in institutional appetite, evidenced by net inflows of nearly $300 million into U.S. spot Bitcoin ETFs, marking their best daily record since May. In parallel, long-term holders reduced their reserves by approximately 356,000 coins over the past month, bringing their circulating share below 60% and rebalancing market structure.
As the asset consolidates within the range of $58,000 and $66,500, analysts anticipate a definitive transition toward accumulation between September and November. The next step for investors will be to monitor support confirmation across key moving averages and the continuity of institutional flows.
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