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Bitcoin must reclaim $82,470 weekly to confirm bear market end, says Galaxy Research.

Technical Signals
22 Aug 2026
Bitcoin
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Neutral
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Galaxy Research highlights Bitcoin's 50-week moving average near $82,470 as a key indicator to confirm the end of the current bear market. Historically, Bitcoin has successfully held this level in 11 of 13 instances after bear markets, making it a more reliable signal than shorter-term averages. Currently trading around $77,190, Bitcoin needs a weekly close above $82,000 to strengthen the case that the June 30 low was the market bottom. Until then, the recovery remains unconfirmed according to historical patterns.

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