Galaxy Predicts Bitcoin Rally to $125K as Bear Market Ends
Galaxy Digital forecasts a potential Bitcoin rally to $125,000, citing the end of the bear market and diminishing selling pressure.
Galaxy Digital forecasts a potential Bitcoin rally to $125,000, citing the end of the bear market and diminishing selling pressure. Bitcoin (BTC) is trading at $80,933.00, up 0.1% since this brief published. This is an original TLT brief synthesising 2 outlets (Bitcoin.com, CryptoSlate), plus live market data, as of Wed, 28 Oct 2026 03:30:04 UTC.
This prediction, if accurate, could significantly impact investor sentiment and market dynamics, potentially triggering a shift in trading strategies and capital allocation within the crypto market.
- Galaxy Digital forecasts Bitcoin could reach $125,000.
- Bear market ended in June, with reduced selling pressure.
- Current Bitcoin price at $80,817, up 1.15% in 24 hours.
Both Galaxy Digital and CryptoSlate report Galaxy's bullish outlook on Bitcoin, with Galaxy predicting a potential rally to $125,000 and arguing that the bear market ended in June. However, CryptoSlate provides additional context by highlighting a daily-close model that shows a 50.4% probability of crossing the record but only a 34.8% chance of finishing above it, suggesting potential volatility and uncertainty in the terminal price target.
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- Galaxy Predicts Bitcoin Rally to $125K as Bear Market Ends — this brief
Galaxy Digital has forecasted a potential 
Bitcoin rally to $125,000, arguing that the bear market ended in June and that selling pressure has significantly diminished. This prediction is based on an analysis of favorable market conditions and diminishing fiscal pressures.
The analysis also points to weak investor attention as a factor supporting the bullish outlook. This suggests that as investor interest and participation increase, it could further drive the price of Bitcoin upwards.
CryptoSlate corroborates Galaxy's bullish stance but adds nuance by citing a daily-close model that shows a 50.4% probability of crossing the record but only a 34.8% chance of finishing above it. This highlights potential volatility and uncertainty in the terminal price target.
Currently, Bitcoin is trading at $80,817, up 1.15% in the last 24 hours and down 2.56% over the past week. The overall crypto market cap stands at $2.78 trillion, with the market broadly trending upwards.
The Fear & Greed Index is at 51, indicating a neutral sentiment. This suggests that while there is optimism about potential price increases, investors remain cautious and are likely waiting for more concrete signals before making significant moves.
Since this brief published about 3 hours ago, Bitcoin (BTC) has moved from $80,817.00 to $80,933.00 — +0.14%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin reach $82,500 in October?
Crowd-implied probability on Polymarket, $92.66K 24h volume, resolves Nov 1 — snapshotted when this brief published (Oct 28 02:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦111.97M (about $80,933.00), up 1.6% over 24 hours. The naira itself trades about 2.2% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 28, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Galaxy Predicts Bitcoin Rally to $125K as Bear Market Ends — questions & answers
What is Galaxy Digital's prediction for Bitcoin's price?
Galaxy Digital predicts that Bitcoin could reach $125,000.
When does Galaxy Digital believe the bear market ended?
Galaxy Digital argues that the bear market ended in June.
What does the daily-close model indicate?
The daily-close model shows a 50.4% probability of crossing the record but only a 34.8% chance of finishing above it.
How much is 1 Bitcoin worth in naira today?
About ₦111.97M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $80,933.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.14% since this brief first published — trading at $80,933.00 now versus $80,817.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin.com, CryptoSlate, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.