PANews reported on December 21st that Alex Thorn, Head of Research at Galaxy Digital, stated in an article on the X platform that Bitcoin remains bullish in the long term, with a projected price reaching $250,000 by the end of 2027. The options market indicates high uncertainty in the short to medium term of 2026, with a potential price range between $50,000 and $250,000. The current crypto market remains in a bear market, and downside risks persist until Bitcoin stabilizes at $100,000–$105,000. Nevertheless, with increased institutional participation, decreased volatility, and its strengthened hedging properties as "digital gold," Galaxy remains firmly bullish on Bitcoin's long-term prospects.
Galaxy Digital: Bitcoin may reach $250,000 by the end of 2027
This article is machine translated
Show original
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share




