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Now Is The Time To Accumulate Bitcoin, Galaxy Says

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Now Is The Time To Accumulate Bitcoin, Galaxy Says Authored by James Van Straten via CoinDesk , Bitcoin's recovery above its 50-week moving average and reduced speculative exposure suggest June marked the cycle low, according to Galaxy. Rising government debt strengthens its investment case, although sustained weakness below $76,540 would challenge the firm's technical outlook. Bitcoin's rally has stalled in recent weeks, leaving prices listless around $80,000. In a market where sentiment shifts quickly, this has led some bears to warn of a renewed price crash. But Galaxy remains confident in…

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    Now Is The Time To Accumulate Bitcoin, Galaxy Says

    Now Is The Time To Accumulate Bitcoin, Galaxy Says Authored by James Van Straten via CoinDesk , Bitcoin's recovery above its 50-week moving average and reduced speculative exposure suggest June marked the cycle low, according to Galaxy. Rising government debt strengthens its...