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Bitcoin (BTC) Price: VanEck's Proprietary 'Buy' Signal Triggered

Tue, 6/01/2026 - 6:29
The "capitulation phase" of late 2025 may officially be over, with key technical and sentiment indicators flashing their most significant bullish signals in months.
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Bitcoin (BTC) Price: VanEck's Proprietary 'Buy' Signal Triggered
Cover image via U.Today

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Technical and sentiment indicators for the broader crypto market are flashing their most significant bullish signals in months. The grueling  "capitulation phase" of late 2025 has likely exhausted itself.

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Martin Leinweber, Digital Asset Product Strategist at MarketVector (a VanEck company), announced Monday that the MarketVector Crypto Heat Index has triggered a "Buy" signal for the first time since early April. The timing is notable as the April 2025 signal successfully "bottom-ticked" a major market correction that was mainly caused by the escalation in trade tensions between the US and China.

The index identifies tactical entry points by measuring market "temperature" across three zones: undervalued (0–25%), neutral (25–75%), and overheated (75–100%).

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It is currently at 16.8%, placing it firmly in the "Undervalued" zone (0–25%).

The signal occurred as the 20-day SMA of the index crossed above its 50-day SMA while in this undervalued territory.

Historically, "Buy" signals from this index have preceded a median 20.4% return over 90 days and a 76.7% return over one year for Bitcoin.

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Readying for six figures? 

As reported by U.Today, legendary technical analyst John Bollinger believes Bitcoin (BTC) is teetering on a critical "make-it-or-break-it" edge.

The trader recently identified a "near-perfect base" that could launch the asset to six figures.

A potential breakout could take Bitcoin to $100,000 and beyond, according to Bollinger. 

The top cryptocurrency is currently changing hands at $93,662 after giving up some gains. 

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