Galaxy Digital Significantly Lowers Year-End Bitcoin Price Forecast to $120,000

Cryptocurrency investment firm Galaxy Digital announced on the evening of the 5th that it has lowered its year-end 2025 Bitcoin (BTC) price target from $185,000 to $120,000. According to a research note released by Alex Thorn, the firm's head of research, Bitcoin has entered a new phase termed 'maturity', where absorption by institutional investors, passive flows, and lower volatility will dominate, leading to a deceleration in its future price increase. On the same day, Bitcoin fell below $100,000 for the first time in six months, triggering over $2 billion in market-wide stop-losses. It is currently trading in the $103,000 range, showing a slight increase from the previous day...