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Bitcoin shows 8 of 12 capitulation signals; VanEck predicts market bottom by late 2026 with $180K target.

Market News
19 Aug 2026
Cointribune
View Source
Neutral
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Bitcoin has dropped 48% from its October 2025 peak, with long-term holders selling 356,000 BTC in 30 days, reducing their supply share below 60%. VanEck's analysis shows 8 of 12 capitulation signals active as of August 2026, indicating a market purge and nearing the end of the correction phase. Historical patterns suggest the bottom will occur between September and November 2026, followed by an accumulation phase. Despite slow short-term recovery, VanEck maintains a long-term price target of $180,000 for Bitcoin, emphasizing patience and strategic positioning.

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