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Alex Thorn: 50-Week Signal Says Bitcoin’s Bottom is In

Bitcoin Magazine·October 30, 2026·1 min read
Alex Thorn: 50-Week Signal Says Bitcoin’s Bottom is In

Galaxy's Alex Thorn calls Bitcoin's bottom, citing the 50-week moving average reclaim and resilience at $80K. He argues being long is now contrarian, suggesting the market may have priced in the worst. This signal points to a potential recovery, with Bitcoin showing strength despite broader bearish sentiment.

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