VanEck: Bitcoin correction may be nearing end — 8 of 12 capitulation signals flashing

Investment firm VanEck says the current bitcoin price correction may be nearing its end, pointing to 8 of its 12 tracked capitulation signals now flashing. Long-term holders sold roughly 356,000 bitcoin over the past month, pushing their share of total supply below 60%. VanEck interprets these metrics as signs that a market bottom may be forming.