Galaxy Digital’s head of research explains why bitcoin’s outlook is so uncertain in 2026
Affected assets and topics
Why it matters
Galaxy Digital's head of research, Alex Thorn, highlights the uncertainty surrounding Bitcoin's outlook for 2026 due to factors like options markets, declining volatility, and macroeconomic risks. Despite this uncertainty, the firm maintains a bullish long-term perspective on Bitcoin.
Expected market reaction
Market impact analysis based on bullish sentiment with 77% confidence.
Evidence trail
Evidence
AI provenance
Technical identifiers
- Provider tag
- openai-gpt-4o-mini
- Analysis version
- openai-gpt-4o-mini
- Article id
- 25080
Original source
Galaxy Digital’s Alex Thorn says options markets, falling volatility and macro risks make next year hard to forecast even as the firm keeps a bullish long-term view.
Read the full article on CoinDesk
Original article published by CoinDesk on December 22, 2025. Analysis and insights provided by AnalystMarkets AI.