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Galaxy Research: BTC reclaiming 50-week MA may signal bear market end

Galaxy Research suggests that Bitcoin reclaiming its 50-week moving average could mark the end of the bear market. This technical indicator is often watched by traders as a sign of trend reversal. The analysis provides a bullish outlook for Bitcoin’s price trajectory.

Original source

AI take

This is less a forecast than a reminder of how much weight the market still places on a single long-horizon technical level. Galaxy's framing matters because it gives a recognizable narrative to traders who have been searching for a trend signal, and such calls can shape positioning even before price confirms anything. The open question is whether a weekly close above that average holds, or whether it becomes another failed reclaim that reinforces the downtrend it was meant to end.

Generated by AI for reference only.

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