Bitcoin's Rally Stalls: What’s Next for Bitcoin Prices?
Thursday, 6 November 2025, 12:22
Bitcoin's Price Dynamics
Bitcoin's relief rally has taken a hit, leading analysts like Alex Thorn from Galaxy Digital to adjust their projections significantly. Originally forecasting a year-end price of $185,000, Thorn has now set the target at $120,000. This shift reflects ongoing challenges in the market that could hinder Bitcoin's ability to reach record highs.
Factors Influencing Bitcoin's Price
- Market Sentiment: Investor confidence plays a crucial role.
- Regulatory Changes: New regulations can impact trading dynamics.
- Macro-Economic Factors: Global economic trends influence cryptocurrency investments.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.