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Bitcoin

Bitcoin’s Bear Market Is Over, Galaxy Says

Image: Bitcoin Magazine

Bitcoin Magazine Bitcoin’s Bear Market Is Over, Galaxy Says Galaxy Research believes bitcoin’s bear market ended in June and that the asset has entered an accumulation phase, according to a research alert from the firm. “We believe now is an attractive time to buy and hold bitcoin,” the report said. Bitcoin traded near $80,000 at the time of the note, about 35% below its October 2025 high and 39% above the June 30 low. The price would need to rise 53% to retake the previous record. The S&P 500, by comparison, sits within 1% of a record set on Oct. 6. The report lays out four arguments: technical, positioning, fundamental and sentiment. Bitcoin technicals Galaxy uses two weekly moving averages to track bitcoin’s bear markets.

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