DropToZeroDon'tCry
#Galaxy Research: 2025 Was Not a Waste, the True Crypto Turning Point Is in 2026
As expected, Bitcoin at the end of 2025 nearly returned to its early-year levels.
This is not a failure, but a high-intensity "re-pricing year."
The first 10 months were a genuine bull market:
Regulatory easing, #ETF attracting capital, explosive on-chain activity, BTC surged to a historic high of $126,000 in October.
But after the peak, the market did not continue to accelerate; instead, it entered—
Rotation, deleveraging, revaluation, restructuring.
Macroeconomic expectations fluctuated, narratives shifted, lev
View OriginalAs expected, Bitcoin at the end of 2025 nearly returned to its early-year levels.
This is not a failure, but a high-intensity "re-pricing year."
The first 10 months were a genuine bull market:
Regulatory easing, #ETF attracting capital, explosive on-chain activity, BTC surged to a historic high of $126,000 in October.
But after the peak, the market did not continue to accelerate; instead, it entered—
Rotation, deleveraging, revaluation, restructuring.
Macroeconomic expectations fluctuated, narratives shifted, lev
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