TREE NEWS reports: Galaxy Research said Bitcoin’s bear market ended in June, citing a reclaimed 50-week moving average, fading selling pressure and a strengthening debasement case. The firm called the current period an attractive time to buy.
Galaxy Research: Bitcoin Bear Market Ended in June, Calls It ‘Attractive Time to Buy’
Related Coin Charts
AI take
Galaxy's call is notable less for its conclusion than for the technical case behind it: a reclaimed 50-week moving average is a widely watched regime marker, so a research desk stating the bear market is over can shift how the market frames the current setup. The debasement argument also ties Bitcoin's story to macro conditions rather than crypto-native flows, which matters for how the bid is described to institutional readers. Whether other desks adopt the same framing, and whether the technical markers Galaxy cites hold, is the open question.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
4m ago
Chicago wheat falls over 1.5%, soybeans down 1.16%
8m ago
ICE Dollar Index Rises 0.17% to 101.984 in Late New York Trading
15m ago
US Appeals Court Overturns Fed’s 2011 Debit Card Swipe Fee Rule
22m ago
US Retailers Face Record Holiday Delivery Costs as Diesel Surcharges Rise
24m ago
Goldman: Hedge funds dumped tech stocks at fastest pace in two years
24m ago
US investment-grade bond sales expected to hit record $1.76 trillion