Galaxy’s Alex Thorn says now is the time to buy bitcoin as bottom is in
AI summary
Galaxy Asset Management's Alex Thorn said "now is the time" to buy Bitcoin and argued the bottom is in. He points to Bitcoin reclaiming its 50-week moving average, which he says has historically limited downside to about 8.4%. It is a bullish institutional call rather than a market-moving event, so traders may treat it as sentiment color rather than a catalyst.
Narrative history
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20H AGOBeInCrypto · Score 55 · via Bitcoin Bottom, Thorn
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8 NOV · 17:17BeInCrypto · Score 15 · via Thorn, Galaxy Alex
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29 OCT · 23:40Unchained · Score 25 · via Thorn, Galaxy Alex
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28 OCT · 16:20Crypto Briefing · Score 65 · via Galaxy, Hedge funds
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28 OCT · 16:15Decrypt · Score 55 · via 68,000, cut 68,000
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28 OCT · 13:35You’re reading thisGalaxy’s Alex Thorn says now is the time to buy bitcoin as bottom is inBitcoin Magazine · Score 25
