Why Galaxy Research believes THIS level could end Bitcoin’s bear market

Galaxy Research identifies roughly $30,000 as the critical level whose sustained reclaim would signal the end of Bitcoin’s bear market. They argue that holding above that price historically aligns with improving on-chain indicators (shrinking exchange reserves, higher realized prices) and a more favorable macro backdrop, which together have marked previous regime shifts. If Bitcoin can sustainably clear and hold that level, Galaxy expects sentiment to flip, selling pressure to ease, and institutional and retail inflows to re-emerge, setting up the conditions for a renewed multi-month bull market.