Galaxy Digital Research Director Alex Thorn warns that Bitcoin could drop 19% to $63,000 due to on-chain position gaps in the $70,000-$80,000 range, amplifying selling pressure. It has already fallen 38% from the October 2025 all-time high of $126,298. The realized price of approximately $56K and the 200-week moving average of around $58K serve as strong support levels. #Bitcoin

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