Galaxy Slashes Bitcoin Price Target for 2025 as BTC Enters 'Maturity Era'

Galaxy has reduced its end-of-year price target for Bitcoin from $185,000 to $120,000 following a dip below $100,000 for the first time in six months. This adjustment indicates that Bitcoin is entering a 'maturity era,' characterized by lower volatility and institutional absorption. In this new phase, Galaxy suggests that future gains for Bitcoin will likely be slower, possibly only nearing previous all-time highs by year-end. The firm also notes shifting market dynamics adversely affecting Bitcoin's attractiveness, with competition from other assets like AI-related stocks and stablecoins drawing investor attention. Added to these challenges is a decrease in retail interest in crypto since 2021. Amid these changes, Standard Chartered’s Geoff Kendrick advised traders to consider a staged buying strategy. As a consequence of the cooled price momentum, treasury companies will also need to strategize new revenue generation methods beyond Bitcoin price movements, indicating a significant shift in how these entities operate in the crypto space.

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