Bitcoin may face a decline toward its 200-week moving average, traditionally around $58,000, rather than achieving $58,000 within months. This potential drop reflects ongoing uncertainty and the risk of falling below $100,000-$105,000.
Bitcoin’s potential dip towards its 200-week moving average shows the significant impact of market maturity and uncertainty. Such factors expose downside risks if Bitcoin remains below $100,000-$105,000. Galaxy Digital’s forecast captures the evolving dynamics of Bitcoin as an asset.
Galaxy Digital’s research report, authored by Alex Thorn, predicts that Bitcoin may approach its 200-week moving average. This prediction arises amid uncertainties in 2026. The report emphasizes potential risks below $100,000-$105,000, a critical range for Bitcoin.
Alex Thorn highlights Bitcoin’s maturation into a traditional macro asset with decreasing volatility. As an increasingly adopted asset class, Bitcoin faces a possible decline towards $58,000 if descending trends persist. The 2026 predictions detail challenges shaping market conditions.
No on-chain data or significant institutional changes accompany the prediction. However, the report sheds light on the potential downside if Bitcoin fails to stabilize. The uncertain landscape in crypto and general markets may influence Bitcoin’s path forward.
Galaxy Digital’s 2025 predictions, which missed higher targets, highlight the unpredictability in volatile markets. The report projects options pricing Bitcoin between $50,000 and $250,000 by 2026. Such broad ranges illustrate the complexity of accurately anticipating crypto movements.
The report underscores the varied possible outcomes for Bitcoin and associated impacts. Predictions focus primarily on BTC as the affected asset during this period. Additionally, Bitcoin’s immense holdings through ETFs demonstrate its continuing evolution and market integration.


