Bitcoin Price Target Revised: Galaxy Research Sees New Growth Path

Galaxy Research has adjusted its year-end 2025 Bitcoin price prediction, now expecting a $120,000 target instead of the previous $185,000. This change reflects the evolving market dynamics and structural maturity of Bitcoin, which according to the firm, have dampened bullish momentum. The report details a series of headwinds impacting Bitcoin’s trajectory in 2025, including whale distribution shifts, significant coin transfers from early holders into ETFs, and competing macro trends like AI, gold, and stablecoins. It also highlights retail apathy and strategic delays as persistent challenges for Bitcoin.