Bitcoin Price May Slide To $58,000, Galaxy Digital Warns

Galaxy Digital is warning that the Bitcoin selloff may not be finished, arguing that on-chain data, weakening technical levels, and a thin catalyst calendar leave BTC vulnerable to a deeper retracement toward the high-$50,000s over the coming weeks or months. In a client note dated Feb. 1, 2026, Galaxy researcher Alex Thorn framed last week’s […]