Bitcoin
Bitcoin May Hit Turning Point This Week as Durable Bottom Takes Shape
Bitcoin.com News·August 23, 2026·1 min read
Grayscale suggests bitcoin's sharp weekly rally may mark a turning point after a shallow bear market. Historical cycle comparisons and improving institutional demand point to a more durable bottom. The recovery signals the latest bear market has reached a pivotal moment, potentially shifting sentiment toward a sustained uptrend.
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