Image: Bitcoin Magazine Galaxy Research declares Bitcoin's bear market concluded, citing technical, positioning, and macro factors. BTC trades at $79,921.00 as accumulation begins. ⚡ Key Takeaways Galaxy Research has officially declared Bitcoin's bear market over, effective from the June low. The analysis highlights a reclaimed 50-week moving average and the 200-week average acting as a floor. A significant shift in institutional positioning and U.S. fiscal conditions support the bullish outlook. Bitcoin is now believed to be in an accumulation phase, with a key 'tripwire' at $76,540. Asset Price 24h Market Cap Bitcoin (BTC) $79,921.00 -0.72% $1.61T Market data as of Oct 26, 2026 19:10 UTC (CoinGecko). 📑 Table of Contents What Happened: Galaxy Declares Bitcoin Bear Market Over Technical Reversal Signals and Historical Cycles Shifting Market Positioning and Macro Tailwinds Market Performance and Future Outlook What to Watch Next: Key Levels and Catalysts Bottom ...