[Galaxy Digital Head of Research: Bitcoin Expected to Reach $250,000 by the End of 2027] Galaxy Digital Head of Research Alex Thorn predicts that Bitcoin will reach $250,000 by the end of 2027. Options pricing indicates that by the end of June 2026, the probability of Bitcoin dropping to $70,000 or rising to $130,000 is roughly equal; by the end of 2026, the probability of it dropping to $50,000 or rising to $250,000 is similar. Alex Thorn pointed out that Bitcoin's long-term volatility is structurally declining, current bearish options are priced higher than bullish options, and the asset's maturity is continuously improving.