Now is the time to accumulate bitcoin, Galaxy says
Summary
Compiled by Best of Bitcoin from 3 sourcesGalaxy argues improving price trends, resilient ETF demand and rising U.S. debt support bitcoin’s recovery towards its previous high. Galaxy said bitcoin’s bear market ended in June as fading long-term holder selling signals an attractive buying opportunity.
Key takeaways
- Galaxy says bitcoin bear market is over; now is the time to buy and hold
- Galaxy Research says Bitcoin’s bear market ended in June, pointing to a reclaimed 50-week moving average, fading selling pressure, and a strengthening debasement case.
This is a summary of headlines and excerpts published by the outlets listed. Read the original coverage for full details.
Keep reading
Next story
Bitcoin Mining Firm Luxor Raises $16 Million to Scale AI Compute Trading and Hardware
Treasury · 2h ago
Next story →
Live updates: Bitcoin holds below $80,000 as AI buildout draws investor attention and capitalMarket · 3h ago
Deloitte’s Rob Massey: What Bitcoin Investors Need to Know About The Changing IRS Tax GuidanceMarket · 2h ago
Bitcoin miners' move into AI is creating a new market for trading computing powerMarket · 2h ago
UTXO’s Duke Waldrop: Bank of Japan “Liquidity Shock” Could Impact BitcoinMarket · 2h ago
Sources (3)
The Daily Stack
Get the top Bitcoin news in your inbox
The Daily Stack: the essential daily digest for Bitcoiners. Free, every weekday morning.
