Finance3 sources
Galaxy Research Declares Bitcoin Bear Market Ended in June
- Galaxy Research declared Bitcoin's bear market concluded in June.
- The firm suggests now is an attractive time to buy and hold Bitcoin.
- Bitcoin's price was near $80,000 at the time of the announcement.
- The bear market ended as long-term holder selling diminished.
- Galaxy Research cited a reclaimed 50-week moving average and fading selling pressure.