Galaxy’s Alex Thorn Says Bitcoin Bottom May Be In After 50-Week Signal
Galaxy’s Alex Thorn says Bitcoin’s bottom is likely in, pointing to its recovery above the 50-week moving average, resilience near $80,000 and relatively light investor positioning. Moneyiar data later showed Bitcoin at $77,777.802516415, up 0.47% in 24 hours but down 3.2% over seven days.
Bitcoin Magazine