Galaxy Digital has projected a long-term Bitcoin (BTC) price of $250,000 (approximately KRW 360.55 million) by 2027. However, it remains cautious about the interim period, 2026, stating that it is "chaotic and difficult to predict."
In a recently released outlook report, Galaxy Digital noted that while Bitcoin could reach an all-time high next year, there is extreme uncertainty surrounding its short-term price movement. The market is currently in a general bearish phase, with Bitcoin down more than 30% from its all-time high, trading at around $88,000 (approximately KRW 126.98 million).
Even the price range is unpredictable... 2026 is a year of chaos.
According to the report, options market participants are projecting Bitcoin's price to range from $70,000 (approximately KRW 101 million) to $130,000 (approximately KRW 187.48 million) in the first half of 2026, with prices ranging from $50,000 (approximately KRW 72.11 million) to as high as $250,000 by year-end. This suggests that extreme volatility and uncertainty could persist for the next two years.
Based solely on the current sentiment, Galaxy Digital believes that unless Bitcoin clearly recovers to the $100,000 to $105,000 range (approximately 144.22 million to 151.43 million won), the risk of a decline is greater.
Amidst this, various variables are expected to impact the market, including increased investment in artificial intelligence (AI), changes in the US Federal Reserve's monetary policy stance, and the US midterm elections in November 2026. Galaxy Digital believes that these factors could destabilize short-term price movements, making it difficult to make meaningful predictions about the 2026 outlook.
Will Bitcoin Evolve Like Gold After a "Quiet 2026"?
Galaxy Digital predicted that 2026 could be a "quiet year," with the Bitcoin price likely to fluctuate between $70,000 and $150,000 (approximately 100 million to 216.33 million won).
However, we maintain strong optimism over the long term. This is due to the increasing market entry of institutional investors and the growing appeal of Bitcoin as a new store of value, potentially replacing the existing dollar asset, driven by the easing monetary policy of central banks around the world.
The report suggests that Bitcoin could assume a role similar to gold within the next two years. Gold has traditionally been perceived as a hedge against the risk of secondary currencies, and Bitcoin could also assume this role to some extent.
๐ Market Interpretation
Galaxy Digital predicts that while short-term market forecasts are difficult, Bitcoin will establish itself as digital gold in the long term. 2026 is expected to be a neutral phase due to volatility.
๐ก Strategy Points
During the market turmoil of 2025-2026, it's important to refrain from excessive short-term buying and consider a long-term holding strategy. It's worth paying attention to whether technical stability is achieved in the $100,000+ range.
๐ Glossary
- Options market: A derivatives market where future prices of specific assets are predicted and traded.
- Monetary easing: A policy in which the central bank lowers interest rates or purchases bonds to release money into the market.
- Digital gold: A concept where assets with scarcity and store value, like Bitcoin, mimic the functions of gold.
๐ก Want to know more? AI-prepared questions for you:
A. This means that a cryptocurrency investment firm called Galaxy Digital predicts that Bitcoin's price will reach $250,000 by the end of 2027. This is significantly higher than the current price, indicating an optimistic outlook that Bitcoin's value will rise significantly in the long term.
A. 2026 is a year fraught with uncertainty. The scale of investment in AI technology, central bank interest rate policies, and the political climate in the United States could all have a significant impact on the market, meaning we can't know exactly what will happen. In fact, even in the options market (a market for betting on future price movements), opinions are divided, with some predicting Bitcoin could reach $70,000 or $130,000.
A. Currently, Bitcoin's price has fallen significantly and the market is weak. However, Galaxy Digital sees positive changes in the long term. This is because institutional investors (large companies and funds) are gaining easier access to Bitcoin, and we anticipate Bitcoin's role as an asset to hedge against the dollar's depreciation will grow.
A. Gold has long been used as a means of protecting assets when currency values decline. Galaxy Digital believes Bitcoin could play a similar role to gold in the future. In other words, when the value of currency falls, people may buy Bitcoin to protect their assets.
A. Galaxy Digital's outlook is merely an expert opinion, and the actual market is influenced by numerous unpredictable factors. Especially in times of high uncertainty, such as 2026, prices may fluctuate significantly from the forecast. When making investment decisions, it's important to consider these forecasts, but also consider various perspectives.
TP AI Precautions
This article was summarized using a TokenPost.ai-based language model. Key points in the text may be omitted or inaccurate.
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