PANews December 27 News, Galaxy Research Director Alex Thorn stated on the X platform that for Bitcoin to achieve positive returns in 2025, its price must close above $93,389 on the last day of the year. Currently, Bitcoin investors’ sentiment is undoubtedly quite subdued, but some portfolio managers may reconsider Bitcoin in January 2026. This year, Bitcoin has received many positive news, and this “positive” seems to have become the norm.
Despite a mediocre performance at the end of the year, the US Bitcoin ETP has performed much more stably. Since reaching a historic high of $62 billion in October, the cumulative inflow of funds has only decreased by 9%, further highlighting the increasing maturity of this asset class. Galaxy believes that Bitcoin mimicking gold as a hedge against currency devaluation may only be a matter of time, with several large asset allocators and central banks potentially igniting this trend.
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