Policy
Galaxy Sees Bitcoin Bottom, But $76,540 Remains a Test
CoinCentral·October 27, 2026·1 min read
Galaxy analyst Alex Thorn believes Bitcoin's bear market ended in June 2026. Bitcoin recorded five consecutive weekly closes above its 50-week moving average through October 18. Institutional investors reduced their net long Bitcoin futures exposure by 57% from the record-high week. Spot Bitcoin ETFs added approximately 87,000 BTC between the June low and October.
Read at CoinCentralDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.