PANews, June 13: According to Cointelegraph, Galaxy Digital’s latest research suggests that Bitcoin’s cycle lows may occur at higher price levels than in previous bear markets due to reduced speculative activity. The analysis indicates a potential bottom range between $62,000 and Bitcoin’s actual price of $53,600. Galaxy’s research director, Alex Thorn, analyzed every peak and trough in Bitcoin’s cycle, noting that the four-year cycle is closely tied to Bitcoin’s historical price behavior. The decline from peak to trough has steadily narrowed across market cycles, decreasing from early levels of 85% and 84% to 77% in 2022 and 51% in 2026.
Galaxy Digital: Bitcoin's cycle low may be higher than previous cycles, with a potential bottom at $53,600–$62,000
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Summary
Bitcoin price predictions from Galaxy Digital suggest the next cycle low could form above previous levels, with a possible range of $53,600 to $62,000. Reduced speculative activity is cited as a key factor. Research Director Alex Thorn analyzed Bitcoin’s historical cycles, noting a shrinking drawdown from peak to trough, which has decreased from 85% in early cycles to 51% by 2026. Bitcoin’s current price remains under close watch as market participants monitor the evolving trend.
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