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Galaxy Research Director: BTC weekly close above the 50-week moving average, the first time in 45 weeks

2026-09-21 08:18:58

Galaxy Research Director Alex Thorn posted on X: Bitcoin's weekly close is above the 50-week moving average for the first time in 45 weeks.

Alex Thorn stated that regaining the 50-week moving average has historically been a strong signal confirming bear market lows. Bitcoin has risen 29% in 35 days.

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