Bitcoin to $250K by 2027? Galaxy Digital’s Wild Ride 🚀💰

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In the dusty plains of the crypto frontier, Galaxy Digital’s Head of Firmwide Research, Alex Thorn, has gazed into his crystal ball and declared that Bitcoin (BTC) might soar to $250,000 by the end of 2027. That’s a whopping 179% leap from where it’s loafing around now. 🌵🤑

This bold prediction comes as Bitcoin, the stubborn mule of the financial world, trades near $89,000, far from its October glory days. The fourth quarter has been a rough ride, with volatility shaking the wagon like a rattlesnake in a sack.

Galaxy Digital’s 2027 Bitcoin Prophecy: Hold Onto Your Hats

In a recent post on X (formerly Twitter, or as we like to call it, the town square of the internet), Thorn waxed poetic about Bitcoin’s maturation and institutional adoption. He reckons that with more institutions climbing aboard and monetary policy loosening its belt, Bitcoin could become the new gold-a hedge against the dollar’s wild swings. 🏦💸

Thorn even suggested that within two years, Bitcoin might be as common as a cowboy’s spurs, used as a “monetary debasement hedge.” 🤠

“BTC will hit $250k by year-end 2027,” the post read, as confidently as a sheriff declaring high noon.

He also tipped his hat to Bitcoin’s changing volatility, noting that long-term swings have calmed down. He credits this to the rise of yield strategies and option overwriting, turning Bitcoin into a more traditional macro asset. Who knew the wild west could go corporate? 🏛️

“What’s notable is that the BTC vol smile now prices puts in vol terms as more expensive than calls, which wasn’t the case six months ago. We’re trading in our cowboy boots for loafers,” he wrote, with a wink and a nod. 🥾👞

But when it comes to 2026, Thorn throws up his hands like a prospector who’s lost his map. “Too chaotic to predict,” he says, citing macroeconomic fog, political shenanigans, and more. 🌪️🗳️

“At the time of writing, crypto’s in a bear market deeper than a canyon, and Bitcoin’s bullish momentum is as lost as a donkey in a dust storm. Until BTC climbs back above $100-$105k, the risk’s still to the downside. And let’s not forget AI capex, monetary policy, and those pesky midterm elections,” he explained, shaking his head like a farmer staring at a dry field. 🌾

To drive home the uncertainty, Thorn pointed to the options market, where expectations are split like a log. Bitcoin could end June 2026 at $70,000 or $130,000, and by year’s end, it might be as low as $50,000 or as high as $250,000. It’s anyone’s guess, folks. 🤷‍♂️

“2026 could be as boring as a Sunday sermon, and whether Bitcoin ends at $70k or $150k, our long-term optimism’s only growing stronger,” Thorn noted, with the optimism of a farmer waiting for rain. ☔

Bitcoin’s 2025 Target: Missed the Stagecoach?

This forecast arrives as Bitcoin’s fourth-quarter performance is looking worse than a bad batch of moonshine. Down 21.5% so far, it’s on track for its worst showing since 2018. Year-to-date losses stand at 4.2%, and at the time of writing, it’s trading at $89,520, up a measly 0.97% in the last 24 hours. 🥃

Bitcoin Price Chart

This lackluster performance has analysts revising their targets faster than a gambler counting his chips. Thorn himself slashed his 2025 prediction from $185,000 to $120,000, blaming whale distribution, washed-out leverage, and even AI stocks stealing the spotlight. Now, he’s warning that Bitcoin might not even hit that revised target. 🐳🤖

“In November, we lowered our EOY price target to $125k. At the time of writing, BTC’s stuck in the $80-90k range, looking as likely to hit $125k as a pig taking flight,” Thorn said, with a wry smile. 🐖✈️

So, while the near-term outlook’s as clear as mud, one thing’s certain: Thorn’s long-term bullish view on Bitcoin is as steadfast as a tortoise in a race. As 2026 looms, the market’s watching Bitcoin like a hawk, waiting to see if it’ll soar or stumble. 🏃‍♂️🐢

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2025-12-22 14:07