[Galaxy Research: If BTC Weekly Closes Above Approximately $82,000, It May Signal the End of the Bear Market] Odaily Planet Daily News – BTC has risen approximately 25% over the past week, briefly reaching near $80,000. However, it is still facing a critical resistance at the 50-week simple moving average, which is currently around $81,000 to $82,000. Galaxy Research stated that in completed BTC bear market cycles, BTC/USD has reclaimed the 50-week moving average 13 times, with 11 of those instances marking the formation of a bear market low. If BTC can close the weekly candle above approximately $82,000, historical data suggests that the current bear market may have ended. However, BTC's current 7-day rate of change (ROC) has reached approximately 25%, a level that has been relatively rare over the past five years. Historically, after reaching similar levels, BTC has often experienced a slowdown in its upward momentum, a pullback, or a period of consolidation. (CoinDesk)