How the 50-Week Moving Average Signals Bitcoin's Bear Market Is Over

Quick favor: We’re deciding what Unchained does next; new shows, stream times, what’s worth paying for. Our listener survey (https://unchainedcrypto.com/survey) takes five minutes, it’s anonymous, and I read the write-in answers myself. Everyone who finishes it gets a free month of Premium, Unchained or Bits + Bips, your pick. Open through Sunday, November 8. — Laura ======================================================================== Bitcoin has traded five or six weeks above its 50-week moving average, and Galaxy's Alex Thorn says that signal has meant the bottom was in during every past bear market. He walks Laura Shin through the technicals and the 13F data showing Millennium and D.E. Shaw cutting Bitcoin ETF exposure while Mubadala and Morgan Stanley Wealth Management added, and explains why he thinks light positioning gives buyers a better entry now. ======================================================================== Host: 👉 Laura Shin - Founder, CEO and Host of Unchained - https://x.com/laurashin Guest: 👉 Alex Thorn - Head of Firmwide Research at Galaxy - https://x.com/intangiblecoins ======================================================================== This clip is from a longer conversation on why Bitcoin may have already bottomed. Full episode here: https://youtube.com/live/N_eaCshC2TY?feature=share We go live twice every week - subscribe to catch it live. Sponsor Put your crypto to work with Nexo: earn daily interest or borrow funds against your assets on one platform trusted by more than 10 million clients. Find out more at Nexo. Geo-restrictions, eligibility and terms apply. ======================================================================== Chapters 🎬 00:00 Intro 📈 00:54 How the 50-week and 200-week averages have framed past Bitcoin bear markets 📉 03:10 Why a shallower cycle points to Bitcoin's maturing ownership 🏦 05:00 Who sold and who bought: macro funds out, sovereign wealth funds in 🛡️ 08:20 Why Bitcoin held around $80K while AI stocks wobbled ======================================================================== #bitcoin #ethereum #crypto #cryptocurrencies ======================================================================== Subscribe to our channel! Website → https://unchainedcrypto.com Unchained Daily Newsletter (FREE!)→ https://unchainedcrypto.beehiiv.com/subscribe/ Unchained X → https://x.com/unchained_pod Apple → https://podcasts.apple.com/us/podcast/id1123922160?ls=1 Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w RSS Feed → https://feeds.megaphone.fm/LSHML4761942757 Unchained: Your no-hype resource for all things crypto!