Live news
Galaxy Says Bitcoin Needs $82,470 Reclaim to Confirm Bear-Market End
Published Source: Bitcoin.com NewsRead original
AI Summary Bitcoin’s current 50-week moving average, which lies near $82,470, has become a closely watched level for traders assessing whether the current bear market has ended. Historical data from Galaxy Research suggests a weekly reclaim has been far more reliable than shorter-term signals. Galaxy Finds 11 of 13 Bitcoin 50-Week Reclaims Held After Bear Markets Bitcoin […] fulltext: 372 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/market-updates/galaxy-says-bitcoin-needs-82470-reclaim-to-confirm-bear-market-end/ Source: Bitcoin.com News