8 Bitcoin capitulation signals currently triggered; VanEck expects this pullback to be shallower than historical bear markets

Odaily Planet Daily News: Bitcoin News posted on X platform, stating that VanEck said 8 of its 12 Bitcoin capitulation signals are currently firing, and all 12 signals have entered the capitulation zone within the past three months. VanEck expects this Bitcoin pullback to be shallower than the 78% to 94% declines seen in previous bear markets, citing spot ETF demand, a broader institutional holder base, and the absence of major failures like Celsius, 3AC, and FTX. Bitcoin is currently down 49% from its peak.