NewsSignals AI analysis·Via WU_BLOCKCHAIN·Oct 26, 2026

Galaxy: Bitcoin bear market ended in June, accumulation phase underway

Grade Bbullish AI signal$BTC

Galaxy Research says Bitcoin's bear market ended in June 2026, with BTC now entering an accumulation phase as its price closes above the 50-week moving average for five consecutive weeks. Monthly transfers from coins held for more than five years have dropped to about 34,000 BTC from 67,000 in 2024, suggesting reduced selling pressure from long-term holders. The bullish outlook could strengthen if accumulation continues, but a drop below the roughly $76,540 50-week moving average without reclaiming it within a month would weaken Galaxy's thesis.

Bullish strength: 75/100

Galaxy Research says Bitcoin's bear market ended in June 2026.
BTC closed above its 50-week moving average for five consecutive weeks.
Transfers from coins held for more than five years fell to about 34,000 BTC monthly from 67,000 in 2024.

Bearish strength: 25/100

Bitcoin falling below its roughly $76,540 50-week moving average and failing to reclaim it within a month would weaken the bullish thesis.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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