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Bitcoin Stabilizes, But Galaxy Research Cuts Year-End Forecast to $120K

The digital currency nosedived below $100K on Tuesday before clawing its way back to $104K on Wednesday afternoon. Galaxy Research Revises Bullish Target Down to $120K Tuesday belonged to the bears. Bitcoin ( BTC) plunge...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Stabilizes, But Galaxy Research Cuts Year-End Forecast to $120K
The digital currency nosedived below $100K on Tuesday before clawing its way back to $104K on Wednesday afternoon. Galaxy Research Revises Bullish Target Down to $120K Tuesday belonged to the bears. Bitcoin ( BTC) plunged below $100K triggering nearly $500 million in BTC liquidations. It was the first time the cryptocurrency had entered sub-$100K territory […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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