Galaxy Digital Issues 2027 Bitcoin Forecast as 2026 Outlook Remains Unclear
Galaxy Digital's Head of Research predicts Bitcoin could hit $250,000 by 2027, but views 2026 as too chaotic to forecast.Summary
Alex Thorn, Head of Firmwide Research at Galaxy Digital, has issued a long-term forecast predicting that Bitcoin (BTC) could reach $250,000 by the end of 2027, driven by increasing institutional adoption, easing monetary policy, and growing demand for dollar hedge assets. Thorn suggested Bitcoin could soon function like gold as a widely accepted hedge against monetary debasement. However, he remains cautious about the near term, describing 2026 as "too chaotic to predict" due to macroeconomic ambiguity and political developments. He noted that Bitcoin needs to firmly re-establish itself above $100k-$105k to mitigate downside risk in the short term. Furthermore, Thorn indicated that Bitcoin is unlikely to meet Galaxy Digital's revised 2025 year-end price target of $125,000, reflecting current market conditions and capital rotation into other assets.
(Source：BeInCrypto)