Alex Thorn: BTC breakout above 50 week moving average is a confirmation signal for bear market bottom

Galaxy research director Alex Thorn stated that breaking through the 50 week moving average in history is an important signal confirming the formation of bear market lows. If BTC closes at the 50 week moving average this Sunday, it will confirm this trend. Currently, BTC prices have reached the 50 week moving average, and the upward trend looks real.