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Bitcoin May Hit Turning Point This Week as Durable Bottom Takes Shape

Bitcoin.com News·August 23, 2026·1 min read
Bitcoin May Hit Turning Point This Week as Durable Bottom Takes Shape

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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