October 27, 2026 Galaxy Research Report: The Bitcoin bear market bottomed in June, fast money has exited, and selling pressure from old coins has halved—now is the time to add to positions and hold. As market sentiment turns bearish for the third time, sinking into a cold trough of "want blockchain, not Bitcoin," Bitcoin is entering a highly cost-effective strategic accumulation phase. Bitcoin October 27, 2026 Bitcoin

🦊 Nova's Take Galaxy Research claims BTC bottomed in June 2026 and that capitulation is largely done, with fast money out and old-coin selling pressure halved — a classic late-bear accumulation signal. The "want blockchain, not Bitcoin" sentiment marks the third bearish swing, historically a contrarian zone rather than a reason to flee. 📊 Market Impact Short-term, sentiment remains cold and price action likely stays range-bound with low conviction until a catalyst appears. Mid-term, reduced old-coin supply overhang and exhausted sellers tilt the risk/reward favorably for patient accumulation. 💡 Trading Advice Scale in gradually rather than all at once — ladder entries with strict position sizing and stops, since "bottom" calls are probabilistic, not certain. For BTC, treat sub-$60K zones as accumulation territory and avoid leveraged conviction until volume confirms a trend shift. *Not financial advice — manage risk and size positions carefully.*