VanEck Sees Signs of Accumulation in Bitcoin Market
Bitcoin's price correction may be nearing its end, according to VanEck. The company reported that 8 out of 12 signals in their 'Bitcoin Capitulation Check' have been activated, indicating a possible accumulation phase for the cryptocurrency. This assessment is based on a set of indicators that monitor capitulation and accumulation patterns in the market.
The current price of Bitcoin has remained within the $58,000-$66,500 range since early June and is 48% below its peak of approximately $126,300 in October 2025. VanEck's senior investment analyst Patrick Bush and head of digital assets research Matthew Sigel noted that 'Bitcoin price capitulation has been observed.'
The possibility of an accumulation phase for Bitcoin is strengthening as U.S.-listed spot Bitcoin ETFs recorded net inflows of nearly $300 million on Monday, the strongest daily inflow seen by the funds since May 5. This resurgence in institutional demand suggests a shift towards accumulation.