Galaxy Research said in a research alert that Bitcoin’s bear market ended in June 2026 and that it has entered an accumulation phase that could precede a sustained rally. This is the firm’s outlook, not confirmation that Bitcoin cannot fall again.
Bitcoin traded near $81,300 on October 22, 2026, about 35% below its October 2025 record and 39% above its June 30 low, according to the firm. Galaxy said Bitcoin would need to rise about 53% to regain its previous high.
