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‘Bear Market Ended in June’: Galaxy Digital Says Bitcoin (BTC) Is in Accumulation Phase Before Price Surge

The Daily Hodl·October 27, 2026·1 min read
‘Bear Market Ended in June’: Galaxy Digital Says Bitcoin (BTC) Is in Accumulation Phase Before Price Surge

Galaxy Digital researchers say the Bitcoin (BTC) bear market ended in June, and BTC is now in an accumulation phase that has preceded every prior advance. Alex Thorn, head of firmwide research, notes the 200-week moving average held and the 50-week moving average is supportive, suggesting a price surge may follow.

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