Bitcoin hits bottom after 50% crash? VanEck confirms capitulation signals and predicts reversal

Asset manager VanEck has identified clear capitulation signals in the Bitcoin market, suggesting the cryptocurrency may be near its bottom after the drastic nearly 50% drop. Following 11 months of continuous correction, experts believe we're entering a critical accumulation phase that could precede a new high. This analysis comes at a time of extreme volatility for the crypto market, where institutional investors like VanEck are monitoring market patterns that historically mark the end of downtrends. The prospect of an accumulation phase suggests major players may be preparing to acquire Bitcoin at discounted prices, potentially signaling a market cycle turn.
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