Bitcoin (BTC) price may not have reached the bottom, according to a report on June 12, 2026, from Galaxy Digital Inc. (NASDAQ: GLXY).
According to Galaxy, the price of Bitcoin is now falling in line with its market capitalization. The company’s data indicates that the decline is nearing the bottom, with the original story suggesting a drop between $40,000 and $46,000 sometime before the fourth quarter of 2026.
“Despite the decline in the number of consecutive shares, and more information about the ‘winner,’ the analysis also shows evidence that the 4-year cycle has not changed,” Galaxy Digital. he said.
The company noted that the price of Bitcoin has fallen 51% from its all-time high, eight months from the peak of October 2025. As a result, the coin has fallen below the 2013 – 2015 drop of 48% during the same period, thus ending its run as a slight decrease in history.
Galaxy predicts a fall in the price of Bitcoin
However, the recent decline remains much shallower than the two recent bear markets. Given that previous cycles have sunk between 77% and 85% below their peaks, Galaxy said the current one is not as deep as it has been in the past.
Beyond its basics, the company also explained how a deep cleaning could bring the price down to between $30,000 and $37,000. In addition, the company showed limited results where a steady purchase would touch down around $51,000 to $54,000.
Bitcoin industry price forecasts may be overturned in the coming months, which could be fueled by new institutional buying. In addition, the price of BTC has been following the movement of funds in the United States spot exchange-traded funds (ETFs), such as Finbold. he explained.
