Galaxy Research says bitcoin bear market ended in June, calls it a buying opportunity
Galaxy Research said bitcoin's bear market ended in June and that now is an attractive time to buy, according to The Block and Decrypt. Decrypt reported the firm pointed to a reclaimed 50-week moving average, fading selling pressure and a strengthening debasement case, while The Block cited fading long-term holder selling.
Why “Unverified”
- 2 independent sources (The Block, Decrypt), but no primary confirmation
2 independent source groups across 2 posts · evidence score 82/100. How labels work
Market around the story
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BTC
Still being measured. The price reaction is recorded six hours after the first report, around .
What the sources claim
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Galaxy Research said bitcoin's bear market ended in June and now is an attractive time to buy. BTC
“Galaxy said bitcoin’s bear market ended in June as fading long-term holder selling signals an attractive buying opportunity.”
The Block -
Galaxy Research cited a reclaimed 50-week moving average, fading selling pressure and a strengthening debasement case. BTC
“pointing to a reclaimed 50-week moving average, fading selling pressure, and a strengthening debasement case”
Decrypt
Sources
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-26 13:10 UTC. Labels are computed from the sources, not by the model.