Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC VanEck: Bitcoin may be approaching the end of the current downward trend
US-based investment firm VanEck said that Bitcoin may be in the final stages of the current downward trend. In a recent analytical note, VanEck pointed out that Bitcoin fell from a high of about $125,000 to a low of $60,000, a trend consistent with the common cyclical bear market phase after the halving.
In this context, VanEck noticed that there have been signs of fatigue in Bitcoin's current bear market cycle, and some indicators are turning positive again.
A noteworthy chart is presented in the company's GEO indicator!
VanEck analyzed the GEO (Global Liquidity, Ecosystem Leverage, On-Chain Activity) framework it uses to evaluate the Bitcoin market. According to the company's analysis, the framework contains three signals, two of which are at neutral levels. Another signal, the ecosystem leverage indicator, shows a constructive outlook.
In this context, VanEck said that taken together, these indicators indicate that Bitcoin is forming a cyclical bottom and may provide reasons for investors to gradually increase their positions.
Not the final bottom!
However, the company pointed out that it is not yet certain that Bitcoin has hit bottom. VanEck believes that Bitcoin is in a traditional bear market phase associated with its four-year halving cycle. Based on this, the company believes that the sharp decline experienced in the current cycle is consistent with historical patterns and does not indicate a structural collapse in the Bitcoin market.
Finally, VanEck added that market cycles are based on historical behavior, but there is no guarantee that they will repeat in exactly the same way in the future.
