Can Bitcoin break $65k as traders challenge Galaxy’s bearish cycle call?
first published 2026-06-12T13:36:34Z
Galaxy Research says Bitcoin’s four-year cycle is still intact but compressing, with smaller swings than prior cycles. The firm estimates a base-case bottom between $40,000 and $46,000, notes that only 4 of 13 bottom indicators have triggered, and says a true cycle low may not arrive until Q4 2026.
AI Analysis
The summary points to a possible Bitcoin bottom far below current levels and notes that most bottom indicators have not triggered, which is mildly bearish in the short term. The impact is moderate because it is a cycle analysis from a research firm rather than an immediate market event.
Expected Investor Sentiment: Neutral
Potential Market Impact: Significant
Source Articles
- Bitcoin cycle data points to $40K-$46K bottom, Galaxy says - Crypto News
- The U.S. government is betting $2 Billion on quantum computing, and the defense side can't keep up - CoinDesk
- Bloomberg Analyst: Most Bitcoin ETF Investors Have Stayed Put Despite Outflows - CoinDesk
- Should You Sell Bitcoin Now or Hold for 5 More Years? - Yahoo Finance
- Can Bitcoin break $65k as traders challenge Galaxy’s bearish cycle call? - Crypto News
- Satoshi Ranks Above Musk for Bitcoin Bull Draper - U.Today
