Galaxy Digital’s Chief Global Research Officer has forecast Bitcoin (BTC) reaching $250,000 by the end of 2027, representing roughly a 179% rise from current levels. At the time of writing, BTC trades around $89,520, up 0.97% over the past 24 hours. The outlook features a roughly even split between bullish and bearish scenarios, with no clear near-term consensus.
Looking ahead to 2026, probabilities for BTC trading near $70,000 or $130,000 by year-end are considered similar. The analysis also envisions a path where Bitcoin ends the year anywhere from $50,000 up to $250,000. While 2026 could be a relatively quiet year for Bitcoin, the long-term bullish thesis is expected to strengthen irrespective of whether BTC remains near $70,000 or closes closer to $150,000.
In November, the team lowered its year-end target to $125,000. As of now, BTC sits in the $80,000 to $90,000 range. They caution that reaching the updated targets by the end of 2025 may be challenging, citing macroeconomic uncertainty and political factors. As 2026 approaches, market attention will likely focus on Bitcoin’s price trajectory, with the long-term bull case firmly intact.
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