Galaxy Digital's Alex Thorn warns Bitcoin could drop ~19% to $63K due to thin on-chain ownership between $70K-$80K, risking accelerated selling. BTC is 38% below its Oct 2025 ATH of $126K. Deeper supports at ~$56K realized price & $58K 200W MA. #Bitcoin
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Galaxy Digital's Alex Thorn warns Bitcoin could drop ~19% to $63K due to thin on-chain ownership between $70K-$80K, risking accelerated selling. BTC is 38% below its Oct 2025 ATH of $126K. Deeper supports at ~$56K realized price & $58K 200W MA. #Bitcoin