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KuCoin
@kucoincom
Leading global crypto platform built on trust | 45M+ users worldwide | Support: @KuCoinUpdates | UK users: @KuCoin_UK | AU users: @kucoinaustralia
Joined September 2017
1.8K Following    3.5M Followers
Galaxy Research believes Bitcoin’s bear market ended on June 30 at $58,525. BTC has since reclaimed its 50-week moving average after 44 weeks below it, and spot ETFs have added about 87,000 BTC since the low. Not everyone is convinced, and Galaxy flags its own risks. A failed hold of the 50-week average or a drop in ETF holdings would weaken the thesis, and BTC has already pulled back about 9% from its September high. Bottom confirmed, or just a pause? Weigh the evidence on the KuCoin Blog 👇
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