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Galaxy Research's Alex Thorn says Bitcoin has bottomed

NewsFeeds update

Alex Thorn of Galaxy Research said Bitcoin has formed a bottom and is attractive for long-term holders, citing slower selling by long-term holders and recovered technical indicators. He said the view would weaken on a weekly close below the $76,540 50-week moving average.

BitcoinCoinNessAIBullish

Read the original on CoinNess

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.