Galaxy Cuts Bitcoin Target to 120,000 USD, Cites Whale Selling and AI Flow
Galaxy Research has revised its year-end 2025 Bitcoin price forecast, lowering the ambitious target from 185,000 USD to a more conservative 120,000 USD. The primary reasons for this significant adjustment reflect major shifts in market dynamics and investor behavior.
The research firm highlighted several headwinds: persistent "whale" selling pressure, a notable capital rotation away from crypto towards high-growth sectors like Artificial Intelligence (AI), and traditional safe-haven assets such as Gold. Furthermore, the leverage wipeout experienced in October significantly reduced market confidence, keeping retail investors on the sidelines.
Galaxy argues that Bitcoin is entering a "maturity phase," characterized by institutional dominance via ETFs. While this brings stability, it results in slower growth rates and decreased volatility. The firm also advised BTC-holding companies to shift focus toward generating real revenue rather than solely relying on price appreciation.
