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Bitcoin price likely to drop further, possibly below $40,000 before late 2026, says Galaxy Digital.

Market News
12 Jun 2026, 21:32 WIB
Finbold
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Bearish
Bitcoin price likely to drop further, possibly below $40,000 before late 2026, says Galaxy Digital.

Galaxy Digital reports that Bitcoin's price has not yet hit its cycle bottom and is expected to fall further, potentially reaching between $40,000 and $46,000 before Q4 2026. The current decline is deeper than previous mild drops but still shallower than historic bear markets, which saw 77%-85% drops. Galaxy also presents scenarios where Bitcoin could fall as low as $30,000 or hold steady near $51,000-$54,000, depending on market conditions and institutional buying. This outlook highlights ongoing volatility and the importance of monitoring market trends for investors.

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