Galaxy Analyst Warns Bitcoin Could Drop to $63K Due to Ownership Gap

Galaxy Digital's Head of Research Alex Thorn flagged a significant ownership gap between $70,000 and $80,000 that could accelerate Bitcoin's decline toward $63,000, with historical patterns showing the cryptocurrency has never experienced a 40% drawdown from all-time highs without extending to 50% or more within three months. The post Galaxy Analyst Warns Bitcoin Could Drop to $63K Due to Ownership Gap appeared first on Cryptonews.