Galaxy Research's Alex Thorn says Bitcoin bottomed in June, now in accumulation phase with run to $125,000 ahead

Galaxy Research's head of firmwide research Alex Thorn says Bitcoin bottomed in June and is now in its accumulation phase, with a potential run back to $125,000 ahead. Thorn notes Bitcoin reclaimed its 50-week moving average in the week ended Sept. 20, with five straight weekly closes above that level as of Oct. 18.

Detected & updated continuously · Source: Nebula