VanEck analysis suggests Bitcoin bear market may be approaching end

Investment firm VanEck said in August 2026 that Bitcoin's bear market may be close to ending. The firm uses a model that tracks 12 indicators. These indicators have historically shown extreme readings near the end of market downturns. By mid-August, eight of the 12 indicators were showing those extreme levels. All 12 had reached extreme readings at some point in the previous three months. Bitcoin's current downturn has lasted 10 months, just under the typical length of 11 months. The price fell 54% from its peak, which is much less than the 80% drops seen in past bear markets. Bitcoin was trading at around $79,686 in late August, about 37% below its all-time high. VanEck and other institutional investors do not expect the price to fall much further.