Galaxy Predicts Bitcoin Rally to $125K, Citing Bear Market End
Galaxy Research argues that Bitcoin's bear market has ended, setting the stage for a potential rally to $125,000.
Galaxy Research argues that Bitcoin's bear market has ended, setting the stage for a potential rally to $125,000. Bitcoin (BTC) is trading at ₹76,95,914 ($80,840.00), up 0.3% since this brief published. This is an original Token Times brief based on reporting by Bitcoin.com, with live market data added, as of Wed, 28 Oct 2026 02:00:02 UTC.
Galaxy's analysis suggests a shift in market dynamics, with reduced selling pressure and renewed optimism, potentially influencing investor sentiment and market trends.
- Galaxy sees Bitcoin's bear market ending in June.
- Reduced selling pressure and fiscal factors support bullish outlook.
- Bitcoin's current price at $80,586, with 24h gain of 0.53%.
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- Galaxy Predicts Bitcoin Rally to $125K, Citing Bear Market End — this brief
Galaxy Research has predicted that 
Bitcoin is poised for a significant rally, potentially reaching $125,000, based on the assertion that its bear market ended in June. The firm argues that the diminished selling pressure and a shift in market dynamics are creating a favorable environment for such a move.
The analysis highlights fiscal pressures and a lack of strong investor interest as additional factors supporting this bullish outlook. This suggests that Galaxy believes the market has transitioned from a period of decline to one of potential growth.
While Galaxy's total value locked (TVL) stands at $121.49 million, marking a 3.0% decrease over the past week according to DeFiLlama, the broader market context shows a relatively stable crypto market cap of $2.77 trillion. Bitcoin itself has seen a modest 24-hour gain of 0.53%, currently trading at $80,586.
The Fear & Greed Index sits at 51, indicating a neutral sentiment among investors. This suggests that while there is some optimism, the market is not yet in a state of extreme greed or fear.
The potential for Bitcoin to reach $125,000 will depend on sustained positive momentum and the ability to overcome resistance levels. Investors should watch for further signs of increased buying pressure and positive market sentiment.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹76,71,733.61$80,586.00 to ₹76,95,914.24$80,840.00 — +0.32%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin reach $82,500 in October?
Crowd-implied probability on Polymarket, ₹8.72M 24h volume, resolves Nov 1 — snapshotted when this brief published (Oct 28 01:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.37M (about $80,840.00), up 1.1% over 24 hours. The rupee itself trades about 8.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 28, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Galaxy Predicts Bitcoin Rally to $125K, Citing Bear Market E — questions & answers
What is Galaxy's prediction for Bitcoin's price?
Galaxy predicts Bitcoin could reach $125,000, citing the end of its bear market and reduced selling pressure.
What factors support Galaxy's bullish outlook?
Factors include diminished selling pressure, fiscal pressures, and weak investor attention.
How has Bitcoin's price moved recently?
Bitcoin is up 0.53% in the last 24 hours, currently trading at $80,586.
How much is 1 Bitcoin worth in rupee today?
About ₹8.37M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $80,840.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.32% since this brief first published — trading at ₹76,95,914 ($80,840.00) now versus ₹76,71,734 ($80,586.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.