Galaxy Digital: Bitcoin Bear Market Ended in June 2026
Galaxy Digital states that Bitcoin’s bear market concluded in June 2026 and the asset has entered an accumulation phase, according to a post by Kashif Raza on October 27, 2026.
SourceAnalysis
Galaxy Digital asserts Bitcoin’s bear market ended in June 2026, shifting the asset into an accumulation phase.
BTC trades at $79858.56 on the 4-hour chart inside a bearish structure defined by the EMA50 at $81242.98 and EMA200 at $81794.84. Momentum shows RSI(14) at 38.46 in neutral territory while MACD registers a bullish golden cross at -438.27. Price sits within the Bollinger Bands, testing the upper resistance band at $81289.36 against lower support at $79596.73. With price testing upper Bollinger resistance at $81289.36 while RSI remains neutral, a healthy retracement toward the 50-EMA support at $81242.98 appears probable before any sustained continuation higher.
Kashif Raza
@simplykashifThis personal account shares perspectives on technology startups and digital innovation, with content spanning AI advancements, software development trends, and entrepreneurial strategies for building tech-focused businesses.