Markets & Macro 28 Oct 2026 1 min read
Positive · BTC Impact · Medium Confidence 4/5
Why it matters
- Bitcoin reclaimed its 50-week moving average
- Selling pressure has faded
- ETF demand remains resilient
- Galaxy Research says Bitcoin's bear market ended in June
Ratings describe the market impact of this story. They are not investment advice.
Galaxy Research says Bitcoin’s bear market ended in June
Galaxy Research cited a reclaimed 50-week moving average, fading selling pressure and resilient ETF demand as evidence of a Bitcoin recovery.
Galaxy Research said Bitcoin’s bear market ended in June, citing a reclaimed 50-week moving average, reduced selling pressure and a stronger argument that Bitcoin can hedge currency debasement. Decrypt reported the research conclusions.
CoinDesk said Galaxy also linked improving price trends, resilient ETF demand and rising U.S. debt to Bitcoin’s recovery toward its prior high. The report frames these developments as evidence supporting the asset’s recovery rather than providing a new price target.
Sources
- CoinDesk Tier B 27 Oct 2026Now is the time to accumulate bitcoin, Galaxy says
- Decrypt Tier B 26 Oct 2026Bitcoin’s Bear Market Is Over, Galaxy Research Says: 'Now Is an Attractive Time to Buy'
Verified claims
- fact Galaxy argues that improving price trends, resilient ETF demand, and rising U.S. debt support Bitcoin’s recovery toward its previous high.Source: CoinDesk
- fact Galaxy Research says Bitcoin’s bear market ended in June.Source: Decrypt
- fact Galaxy Research cited a reclaimed 50-week moving average, fading selling pressure, and a strengthening debasement case as evidence that Bitcoin’s bear market ended in June.Source: Decrypt