NewsSignals
NewsSignals AI analysis·Crypto Briefing·

Galaxy Research says Bitcoin's bear market ended in June as accumulation begins

Grade Bbullish AI signal$BTC
Galaxy Research says Bitcoin's bear market ended in June 2026 near $76,540, with BTC now entering an accumulation phase around $80,000. Bitcoin has recorded five consecutive weekly closes above its 50-week moving average, while long-term holder selling and asset managers' net long CME futures positions have declined. The bullish thesis could support further recovery, but a failure to reclaim or hold the 50-week moving average could undermine Galaxy's call.

Bullish strength: 68/100

  • Galaxy identifies a June 30 bottom near $76,540 and says Bitcoin has entered accumulation.
  • Bitcoin logged five consecutive weekly closes above its 50-week moving average.
  • Monthly movement of coins untouched for five or more years averaged 34,000 BTC in 2026, down from 67,000 BTC in 2024.

Bearish strength: 32/100

  • Bitcoin remains about 35% below its October 2025 high near $126,000.
  • Asset managers' net long CME Bitcoin futures positions have fallen 57% since October 2025.
  • A weekly close below the 50-week moving average without a quick recovery could challenge 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.

Read the original source ↗

← Browse more news analysis

Trade on MEXC

More recent source-attributed AI analysis in crypto.

US Fintech Weekly: Fiserv Bounces Post-Earnings, Crypto Brokers Suffer, And Federal Agencies Prepare Innovation Guidelines

Fiserv shares surged nearly 13% after earnings, while crypto-linked stocks Robinhood and Coinbase headed for a sixth consecutive weekly decline amid Bitcoin weakness and growing regulatory uncertainty. Fiserv benefited from an earnings beat and a new $500 million share buyback authorization, while six federal agencies are preparing fintech innovation guidelines ahead of a November 15 deadline. Stronger regulatory oversight under Democratic congressional control could pressure crypto platforms, although continued institutional integration may limit the sector's downside.

Crypto ally French Hill wins reelection but set to lose House chair

Crypto-friendly Republican French Hill won reelection in Arkansas but is expected to lose his House Financial Services Committee chairmanship after Democrats gained control of the House. Hill sponsored the CLARITY Act and supported the GENIUS Act, while Democrat Maxine Waters is the leading contender to replace him as chair; crypto-backed PACs spent more than $176 million during the election cycle. The leadership change could increase regulatory scrutiny and create uncertainty around the future of US crypto legislation.

Stacks: Bitcoin Bond 4 opens for registration - By 03 Dec 2026

Stacks has opened registration for Bitcoin Bond 4, its latest BTC staking offering, with the bond set to open by December 3, 2026. The product allows participants to stake BTC while retaining self-custody on Bitcoin L1, following a Bond 3 offering that sold out with institutional participation from Bullish and 21shares. Continued institutional demand could strengthen Bitcoin staking adoption and indirectly support demand for STX.

Bitcoin, crypto stocks caught in AI trade meltdown, but Wintermute trader sees 'glass half full'

Bitcoin fell below $76,000 as a broad AI-stock selloff spread across financial markets, dragging cryptocurrencies and crypto-related stocks lower. The Nasdaq dropped nearly 6%, crypto miners plunged 15%-20%, and more than $1 billion in crypto derivatives positions were liquidated, mostly bullish bets. Despite the sharp selloff, crypto's relative resilience compared with AI-linked stocks could support longer-term optimism, although continued weakness in AI sentiment may pressure digital assets.