Alex Thorn of Galaxy Digital presents a 2026 report indicating Bitcoin's potential dip towards the 200-week moving average amid current market uncertainty.Alex Thorn of Galaxy Digital presents a 2026 report indicating Bitcoin's potential dip towards the 200-week moving average amid current market uncertainty.

Galaxy Digital Predicts Bitcoin Maturity amid Market Uncertainty

2 min read
Galaxy Digital's 2026 Bitcoin Predictions: A Potential Dip Towards the 200-Week Moving Average
Key Points:
  • Galaxy Digital explores Bitcoin and crypto markets amid uncertainty.
  • Bitcoin’s potential drop towards the 200-week moving average.
  • Predictions highlight 2026 market uncertainty factors.

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.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

‘High Risk’ Projects Dominate Crypto Press Releases, Report Finds

‘High Risk’ Projects Dominate Crypto Press Releases, Report Finds

The post ‘High Risk’ Projects Dominate Crypto Press Releases, Report Finds appeared on BitcoinEthereumNews.com. More than six in 10 crypto press releases published
Share
BitcoinEthereumNews2026/02/04 13:09
Why Vitalik Says L2s Aren’t Ethereum Shards Now?

Why Vitalik Says L2s Aren’t Ethereum Shards Now?

The post Why Vitalik Says L2s Aren’t Ethereum Shards Now? appeared on BitcoinEthereumNews.com. Vitalik says Ethereum’s scaling and higher gas limits mean L2s no
Share
BitcoinEthereumNews2026/02/04 13:18
Adoption Leads Traders to Snorter Token

Adoption Leads Traders to Snorter Token

The post Adoption Leads Traders to Snorter Token appeared on BitcoinEthereumNews.com. Largest Bank in Spain Launches Crypto Service: Adoption Leads Traders to Snorter Token Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she’s not deep into a crypto rabbit hole, she’s probably island-hopping (with the Galapagos and Hainan being her go-to’s). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/banco-santander-and-snorter-token-crypto-services/
Share
BitcoinEthereumNews2025/09/17 23:45