VanEck Says Bitcoin Dip Nearing Its End: Time To Go Bullish?

NewsWed, 19 Aug 2026 08:07:00 UTC1 hour ago

According to financial institution VanEck, Bitcoin (BTC) is nearing the end of its dip cycle. The firm highlights that 8 of the 12 capitulation have fired off and long-term holders have lost 356,000 BTC over the last month. Despite long-term holders letting go of their BTC, the asset has remained more or less flat over the last month. The development could be a sign that the downtrend is near its end and we are at the bottom. Let’s discuss if it time to go bullish on BTC now.

NEW: VanEck says Bitcoin is approaching the end of the correction phase, with 8 of 12 capitulation signals firing and long-term holders shedding 356K $BTC over the past month. pic.twitter.com/F6tAMQcUY9
- Cointelegraph (@Cointelegraph) August 19, 2026

Is It Time To Go Bullish Since The Bitcoin Dip Nearing Its End?

Source: Forbes

Bitcoin (BTC) saw quite a pullback earlier this year after hitting a new all-time high of $126,080 in October 2025. The reversal was likely due to increased macroeconomic uncertainty and geopolitical tensions. Investors were not ready to put their money in high-risk assets and chose safer bets, such as gold.

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VanEck Says Bitcoin Dip Nearing Its End: Time To Go Bullish?

Is It Time To Go Bullish Since The Bitcoin Dip Nearing Its End?

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