Galaxy Research Note: Sources Split on 43-of-106 Stat Meaning
CoinTurk News EN and Coinfomania both cite Galaxy Research's '43 out of 106' figure for 50-day moving average breakouts but interpret it in opposite directions. CoinTurk News EN and Coinfoman
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August 22, 2026
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CoinTurk News EN and Coinfomania both cite Galaxy Research's '43 out of 106' figure for 50-day moving average breakouts but interpret it in opposite directions.
CoinTurk News EN and Coinfomania both cite Galaxy Research's '43 out of 106' figure for 50-day moving average breakouts but interpret it in opposite directions.
What all sources agree on
Galaxy Research says confirmation of a Bitcoin bull market requires a weekly close above the 50-week moving average.
The 50-week moving average is cited at approximately $82,000-$82,470.
Bitcoin rebounded 32.4% from its June 30 low.
The analysis covers historical bear market cycles, with the 50-week moving average showing only 2 false signals in the relevant historical sample.
The 50-day moving average is described as a less reliable indicator than the 50-week moving average.
Where the reports disagree
1Whether 43 out of 106 represents successful or failed 50-day moving average breakouts
Out of 106 historic breakouts above the 50-day moving average, 43 turned out to be false.
What would settle it: Galaxy Research's original published note or report.
What to make of it
Treat the $82,000-$82,470 weekly-close threshold and the 32.4% rebound figure as consistent across reports; the '43 out of 106' statistic on 50-day moving average reliability is reported with opposite meanings and should not be cited either way until Galaxy Research's original note is checked.
Treat the $82,000-$82,470 weekly-close threshold and the 32.4% rebound figure as consistent across reports; the '43 out of 106' statistic on 50-day moving average reliability is reported with opposite meanings and should not be cited either way until Galaxy Research's original note is checked.
Originally reported by AltcoinGordon, written by Noah Sullivan. Republished with permission.
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