Bitcoin Looks Ready to Bottom, But the Data Reveals a Dangerous Trap for Early Buyers

TL;DR
- VanEck’s capitulation dashboard showed eight of 12 signals active on Aug. 12, but history does not confirm an immediate Bitcoin bottom.
- The Aug. 19 short squeeze removed significant leverage, while $2.23 billion entered U.S. spot Bitcoin ETFs over seven days.
- Broader wallet accumulation supports the recovery, yet declining one-year-old coin supply leaves a caution signal.
Bitcoin’s late-August rebound is giving bulls a stronger case that the market has moved beyond the worst phase of its correction. Still, the latest data suggests that buying too early can carry a hidden cost. VanEck’s capitulation indicators point to extreme stress, but history shows these conditions are better at identifying recovery zones than precise bottoms.
JUST IN: $200 BILLION VAN ECK JUST TOLD CNBC ALL THEIR 12 QUANTITATIVE SIGNALS POINT THAT THE #BITCOIN BOTTOM IS DEFINITELY IN
"12 OUT OF 12 OF OUR CAPITULATION SIGNALS FIRED"
"THE 4-YEAR CYCLE WOULD SUGGEST AN OCTOBER BOTTOM"
THIS WEEK’S MOVE WAS "A 3-SIGMA EVENT"
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