Is the Bitcoin Bear Market Really Over, Has It Hit Bottom? Galaxy Research Answers!
Photo: Bitcoin Sistemi
With the leading cryptocurrency Bitcoin continuing to trade near $80,000, viewers are closely watching to see if a sharp drop will occur. While there are many different opinions on this matter, the final assessment comes from Galaxy Research. According to The Block, Galaxy Research argues that the Bitcoin market has bottomed out and BTC has entered a new accumulation phase. Research head Alex Thorn stated that decreasing selling pressure and recovering technical indicators are giving positive signals for long-term investors. Bitcoin Has Remained Above Critical Level for Five Weeks!
Source: Bitcoin Sistemi
